Oil prices rise on support from U.S.-China trade hopes

Oil Markets Brace for Volatility as Trade Talks Collide with Production Surge

Brent crude edged up 0.1% to $62.91/barrel early Friday, while WTI rose 0.1% to $59.98, extending Thursday’s 3% rally fueled by U.S.-China trade optimism and shrinking inventories. Prices remain 15-16% below January levels despite the uptick, reflecting persistent oversupply risks and wavering demand. OPEC+ accelerated production hikes by 411,000 barrels per day this week, pushing […]

Oil Prices Rise on Hopes of U.S. Trade Deals

Oil prices rose over 1% on Thursday as markets anticipated a U.S.-UK trade deal and the beginning of U.S.-China trade talks.

Oil prices rise on support from U.S.-China trade hopes

Brent crude futures were up $1.70 at $62.82 a barrel at 1:12 p.m. EDT, while U.S. West Texas Intermediate crude rose $1.79 to $59.86

Oil Holds Decline With Market Focused on US-China Trade Talks

Oil rose as Donald Trump said the US reached a trade agreement with the UK, the first of his promised deals with countries around the world.

Oil prices set to post weekly gains on U.S. trade cheer – Oil & Gas 360

(Investing) – Oil prices rose Friday, heading for weekly gains on optimism over a potential deescalation in U.S. President Donald Trump’s tariff agenda. At 08:40 ET (12:40 GMT), Brent oil futures rose 1.9% to $64.05 a barrel, while West Texas Intermediate crude futures rose 2.1% to $61.17 a barrel. On the week, both contracts were on track to rise more than 4%. Oil buoyed by U.S. trade cheer  Oil’s gains were an extension of an over 3% rally fro…

Oil prices are moving higher today as investors see some signs of easing trade tensions between major oil consumers China and the United States. Futures… Why oil prices are rising - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ