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Oil prices jump more than 3% on US-China tariff reductions

The Star LogoThe Star11h ago

Oil prices jump more than 3% on US-China tariff reductions - The Star

Quick Summary:

LONDON: Oil prices rose more than 3% on Monday after the U.S.and China said they would ease some of their tariff measures, raising hopes of an end to the trade war between the world's two largest consumers of crude oil.

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Brent crude futures climbed $2.03, or 3.18%, to $65.94 a barrel by 0942 GMT.U.S.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 19:39:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 304 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 28607679

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 11 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 7 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

Frequently Asked Questions

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The story "Oil prices jump more than 3% on US-China tariff reductions" has 304 words across 11 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Which news outlet covered this story?

The story "Oil prices jump more than 3% on US-China tariff reductions" was covered 11 hours ago by The Star, a news publisher based in Malaysia.

How trustworthy is 'The Star' news outlet?

The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 11 news stories per day.

It's most recent story was published 7 hours ago.

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  • News ID: #28607679
  • URL: https://swalz.beamstart.com/news/oil-prices-jump-more-than-17470502005554

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