Oil Gains as Trump Says China Will Buy U.S. Crude After Xi Talks
TL;DR Summary
Oil prices advanced after Trump claimed China agreed to purchase U.S. crude following talks with Xi, though China had not confirmed the purchases. Brent rose to about $107.30 a barrel and WTI to about $102.74, as traders also weighed efforts to keep the Strait of Hormuz open and reduce tensions around energy routes.
- Oil prices jump after Trump says China agreed to buy U.S. crude following Xi talks CNBC
- China to buy U.S. oil to feed its 'insatiable appetite,' Trump tells Fox News CNBC
- Trump Says China’s Xi Likes the Idea of Buying More Oil From US Bloomberg.com
- Louisiana LNG is heading to China once again Baton Rouge Business Report
- Oil rises more than 1% after Trump flags China's interest in US supplies Reuters
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