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Oil prices soared following an agreement between the United States and China to slash tariffs, leading to increased optimism ...
Oil futures jumped early Monday, boosted after the U.S. and China agreed to sharply cut tariffs on each other. The boost for crude accompanies a rally in other assets perceived as risky, with stocks ...
Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid-19 pandemic and just the second time in the past decade.
Oil prices rose on Monday after both sides in U.S.-China trade talks over the weekend touted their progress, which lifted ...
Oil prices settled nearly 2% higher on Friday and notched their first weekly gains since mid-April as a U.S. trade deal with ...
U.S. Treasury Secretary Scott Bessent is set to meet Chinese Vice Premier He Lifeng on May 10. Also on Friday, President Trump indicated he'd be in favor of an 80% tariff on Chinese goods. While still ...
According to StanChart, the path of least resistance for oil prices is lower, with prices likely to remain low in the coming ...
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