Oil Prices Rally on Trade Talk Breakthrough

Oil Prices Rally on Trade Talk Breakthrough

OilPrice.com

Published

Oil prices surged Monday morning after the US and China agreed to cut tariffs as part of a temporary trade truce. West Texas Intermediate and Brent Crude both experienced significant percentage increases following the announcement of the trade agreement. While the tariff reduction is seen as a positive step for the oil market, analysts warn that lasting impacts depend on broader US policies toward China. 1m ago 9:50am CST CPC Blend Oil Exports Dip as Kazakhstan Reaffirms OPEC+ Commitment Black Sea CPC Blend oil exports through the Caspian Pipeline…

Full Article