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1% Weekly Gain

Oil Prices Rise on U.S.-China Trade Truce, Eye 1% Weekly Gain

May 16, 2025 by Saad intern intern

Oil prices rose slightly on Friday, recovering some ground after a sharp drop in the previous session, as optimism surrounding U.S.-China trade relations offset concerns about a potential increase in Iranian oil supply. As of early Friday trading, Brent crude futures were up by 17 cents, or 0.26%, reaching $64.70 per barrel. Meanwhile, U.S. At […]

Filed Under: Business Tagged With: 1% Weekly Gain, Donald Trump, oil prices rise, U.S.-China Trade

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