Oil edges up as US, China tamp down trade tension


— Reuters

SINGAPORE: Oil prices rose on Tuesday as early signs of a thaw in U.S.-China trade tensions bolstered market sentiment, alleviating concerns over global fuel demand.

U.S. President Donald Trump remains committed to meeting Chinese President Xi Jinping in South Korea this month, Treasury Secretary Scott Bessent said on Monday, as both countries try to defuse tension over tariff threats and export controls.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Oil , Brent , WTI , gas , LNG , crude , Opec

Next In Business

CPO prices to stay range-bound in February
Global stability key to 2026 export momentum
High Court approves Capital A’s capital-reduction plan
Oxford Innotech wins RM4.8mil data centre job
Inflation likely to be at a manageable level �
TNB terminates renewable energy power purchase deal with Reneuco
Steel Hawk unit secures Sabah contract
Binastra unit in RM743mil deal in Johor
MAG makes new executive leadership appointments
Prospects for economy, equity market stay bright

Others Also Read