Oil's Latest Plot: U.S.-China Trade Talks Spice Up Barrel Prices
Key Points
- U.S. and China trade talks could boost oil prices by $2-3 pe...
Oh dear crude traders, grab your popcorn and trading terminals! The oil market is serving up another exciting episode of 'As The Barrel Turns' with WTI futures taking center stage.
Trade War Truce or Just Trading Places?
U.S. Treasury Secretary Scott Bessent and China's Vice Premier He Lifeng are about to have what could be the world's most expensive coffee chat. Their upcoming meeting hints at a potential trade war cool-down, which has crude oil traders salivating at the prospect of $2-3 per barrel gains on top of the current $60.12 mark. Who knew a simple conversation could be worth mil...
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