Oil prices jump about 4% on US-China tariff reductions

Oil prices hold near two-week highs on trade war reprieve, weaker dollar

BEIJING: Oil prices held near two-week highs in early trading on Wednesday, supported by an agreement between the US and China to temporarily lower their reciprocal tariffs and a falling US dollar. © New Straits Times Press (M) Bhd

Oil Prices Rally on Trade Talk Breakthrough

Oil prices have risen significantly due to a breakthrough in US-China trade negotiations, including tariff reductions, which has eased concerns about trade tensions and boosted expectations for global economic growth.

Crude oil climbs more than $1.60 a barrel on tariff cuts, economic outlook

Brent crude futures settled up $1.67 at $66.63 a barrel. U.S. West Texas Intermediate crude finished up $1.72 at $63.67

Shafaq News/ Oil prices retreated on Tuesday from a two-week high on concerns about rising supplies, despite earlier optimism about a pause in the US-China trade war after the two countries temporarily reduced tariffs. Brent crude futures fell 22 cents, or 0.3%, to $64.74 a barrel by 02:48 GMT. US West Texas Intermediate (WTI) crude fell 18 cents, or 0.3%, to $61.77. The US and China agreed to drastically reduce tariffs for at least 90 days, sen…

Oil prices jump about 4% on US-China tariff reductions

Oil prices jumped by about 4% today after the US and China said they would ease some of their tariff measures, raising hopes of an end to the trade war between the world's two largest consumers of crude oil.

Oil Prices Jump About 4% On US-China Tariff Reductions  – Independent Newspaper Nigeria

Oil prices jumped by about 4% on Monday after the U.S. and China said they would ease some of their tariff measures, raising hopes of an end to the trade war between the world’s two largest consumers of crude oil.  Brent crude futures were up $2.08, or 3.25%, at $65.99 a barrel after giving up […]