- May 13th, 2025
Oil prices steady as market weighs US-China trade developments
Oil prices held steady on Tuesday, weighed down by rising supplies and caution over whether the pause in the U.S.-China trade war will lead to a longer-term deal. ›
Oil prices held steady on Tuesday, weighed down by rising supplies and caution over whether the pause in the U.S.-China trade war will lead to a longer-term deal. ›
Oil, metals and crop commodities rallied while gold fell after China and the US agreed to lower tariffs on each other’s economies after a weekend of trade talks. ›
Oil extended gains as the market turned its attention to trade talks between the US and China this weekend after President Donald Trump announced an agreement with the UK. ›
European natural gas prices fluctuated ahead of a vote on more relaxed fuel-storage rules, a decision that could alleviate the region’s efforts to build up supplies ahead of winter. ›
Oil rose after Donald Trump flagged a Thursday announcement on a trade deal, which is expected to be with the UK, as the US president faces political pressure following tariffs that rattled global markets. ›
Oil pushed higher after rallying more than 3% in the previous session as the US and China agreed to start trade negotiations, raising optimism that tensions between the world’s two biggest economies may ease. ›
European natural gas prices edged higher as some firms in Asia ramp up LNG purchases and seasonal maintenance tightens the market. ›
Oil climbed from the lowest close in four years after a technical measure signaled the recent slump was overdone. ›
European natural gas resumed gains after China said it’s evaluating possible trade talks with the US, driving a broader market rally. ›
Oil rose, paring a steep weekly loss, as traders weighed the possibility of US-China trade talks and a fresh sanctions threat against Iranian flows against a potential supply hike from OPEC+. ›