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Oil rose in early Asian trade amid an improved market mood after U.S. and Chinese officials concluded weekend trade talks.
Oil prices rose more than 2 per cent on Monday after China and U.S officials claimed progress in trade talks over the weekend- the first weekly gains since mid-April. Brent crude futures climbed +1.65 ...
Oil prices rebounded over 1% on Tuesday with technical rebound and dip buying after a drop in prior session by OPEC+ decision ...
but without a deal prices could rise to over US$70, they added. US sanctions on two small Chinese refiners for buying Iranian oil have created difficulties receiving crude and led them to sell ...
Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly ...
The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...
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