Oil recovers ~1% after deep sell-off, trade tensions linger
Oil stages partial recovery amid hopes for U.S.-China meeting.
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3h agoOil recovers ~1% after deep sell-off, trade tensions linger
Oil prices rebounded roughly 1% early Monday after steep losses pushed benchmarks to five-month lows. Brent rose $0.87 to $63.60, WTI gained similarly to $59.77. The bounce reflects hopes for a Trump–Xi meeting to defuse U.S.–China trade tension after both sides escalated tariffs and export controls. Analysts caution that volatility may persist as markets digest policy signals and macro data. (Reuters)
neutral
3h agoOil recovers ~1% after deep sell-off, trade tensions linger
Oil prices rebounded roughly 1% early Monday after steep losses pushed benchmarks to five-month lows. Brent rose $0.87 to $63.60, WTI gained similarly to $59.77. The bounce reflects hopes for a Trump–Xi meeting to defuse U.S.–China trade tension after both sides escalated tariffs and export controls. Analysts caution that volatility may persist as markets digest policy signals and macro data. (Reuters)
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Oil recovers ~1% after deep sell-off, trade tensions linger
about 4 hours ago
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Oil stages partial recovery amid hopes for U.S.-China meeting.
Oil prices rebounded roughly 1% early Monday after steep losses pushed benchmarks to five-month lows. Brent rose $0.87 to $63.60, WTI gained similarly to $59.77. The bounce reflects hopes for a Trump–Xi meeting to defuse U.S.–China trade tension after both sides escalated tariffs and export controls. Analysts caution that volatility may persist as markets digest policy signals and macro data. (Reuters)
Oil prices rebounded roughly 1% early Monday after steep losses pushed benchmarks to five-month lows. Brent rose $0.87 to $63.60, WTI gained similarly to $59.77. The bounce reflects hopes for a Trump–Xi meeting to defuse U.S.–China trade tension after both sides escalated tariffs and export controls. Analysts caution that volatility may persist as markets digest policy signals and macro data. (Reuters)
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oil
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