Oil prices surged Monday morning after the US and China agreed to cut tariffs as part of a temporary trade truce. West Texas Intermediate and Brent Crude both experienced significant percentage increases following the announcement of the trade agreement. While the tariff reduction is seen as a positive step for the oil market, analysts warn that lasting impacts depend on broader US policies toward China.
1h ago 9:50am CST CPC Blend Oil Exports Dip as Kazakhstan Reaffirms OPEC+ Commitment Black Sea CPC Blend oil exports through the Caspian Pipeline…Oil Prices Rally on Trade Talk Breakthrough
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