Oil Surges After China Signals Trade Talks With U.S.
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China oil trade talks have sparked a boost in energy markets, with prices bouncing back from four-year lows. Oil futures turned higher after Chinese officials signaled willingness to engage with the U.S., which could ease tensions weighing on commodity prices. The oil market reaction was immediate, with Brent futures adding about 1.4% and West Texas Intermediate climbing up, erasing earlier losses.
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