Reported about 13 hours ago
Oil prices steadied as traders awaited updates on US-China trade negotiations, which showed 'substantial progress' after two days of talks aimed at reducing tensions affecting crude demand. Brent crude was trading around $64 per barrel while West Texas Intermediate hovered near $61. Despite some recovery from last month's declines, analysts caution that without significant developments in geopolitical or macroeconomic conditions, further price increases may be limited.
Source: YAHOO