Oil
Détente between USA & China: oil prices rise
Oil prices have risen as positive details about the trade talks between the USA and China have been announced.
5/12/2025
After two days of negotiations aimed at de-escalating a trade war that threatens demand for crude oil, representatives from the US and China reported "significant progress".Brent traded above $64 a barrel after posting its first weekly gain in three weeks last week, while West Texas Intermediate was at around $61.Following talks in Geneva, US…
