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Oil prices climb as US-China trade talk progress eases market jitters
The latest boost came as high-level trade talks between the US and China concluded on a positive note Sunday. US officials highlighted a “deal” aimed at reducing the US trade deficit, while their Chinese counterparts stated that an “important consensus” had been reached.
Oil gains nearly 5% for the week, with U.S.-China trade talks, Trump's Middle East visit on tap
Oil prices finished higher on Friday but continued to hold ground near the $60 mark, with a spike likely to come only “upon accelerated trade deals or softening of OPEC’s production growth,” said Manish Raj,
For import-reliant Asia, the Opec+ output rise is a welcome development. Markets are still on edge over US-China trade ...
OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
Saudi oil giant Aramco , a longtime cash cow for the kingdom, reported a 4.6% drop in first-quarter profit on Sunday due to ...
Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
Oil dropped after OPEC+ agreed to another large output increase, raising concern that additional supply could lead to a ...
Nigeria's crude oil production climbed to a two-month high in April, signaling modest recovery efforts in Africa's largest ...
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...
Crude oil prices rebound 4.7% as trade optimism and strong China demand improve sentiment. OPEC supply plans remain a ...
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