Oil prices down, markets assess US-China trade talks outcome
Synopsis
Oil prices experienced a slight dip early Wednesday as markets analyzed U.S.-China trade talk outcomes, awaiting President Trump's review. Concerns over weak Chinese oil demand and OPEC+ production increases are weighing on the market. While a trade truce framework offers some support, China's reduced oil imports and OPEC+'s rising output are adding downward pressure. Investors are now awaiting the U.S.
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