14 Oct 2025 | 5 Mins Read
Crude oil prices rise as US and China ease trade standoff
Flipitmoney
US-China trade tensions eased as U.S. Treasury Secretary Scott Bessent said President Trump remains committed to a meeting with Xi Jinping, boosting oil market sentiment. Brent crude rose 0.28% to $63.50, and US WTI crude rose 0.27% to $59.65, as investors anticipate improved global growth and fuel demand, historically associated with improved trade relations between the two largest economies.