June 8, 2026
‎Oil prices rise over 1%, head for weekly gains

Oil prices rose during Friday’s trading, heading for weekly gains, as markets assessed US President Donald Trump’s statement that China has agreed to purchase US oil following talks with Chinese President Xi Jinping.

Brent crude futures for July delivery rose by about 1.2% or $1.27 to $106.99 per barrel at 08:04 a.m…
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