Oil prices rise to "concrete progress" in the talks between China and America

Oil prices have recorded a rise after the United States and China have announced great progress in the two -day aftermath aimed at calming the trade war, citing the possibility of a solution to the conflict that threatens the two largest consumers of RU in the world. Brent -ruol has risen to more than $ 64 a barrel, after scoring its first weekly profit over three weeks last week, while the Ru -West -Texas ruol approaches the $ 61 level. After negotiations in Geneva, US Treasury Secretary, Scott Besent and the commercial actor, Jameson Ghrir said they were optimistic about the progress of the Chinese, and that more details of Monday, a positive atmosphere, are also a positive atmosphere. Raw prices regained part of its losses after a sharp decline early last month, against the backdrop of the fear that the trade war launched by President Donald Trump would delay economic growth, despite the increase in OPEC+production. Futures are still by more than one fifth layer compared to the peak in the middle of January, in light of the expectations of low demand and the increase in supply, which increases the possibility of evaluation in stocks within the time of this year. Geopolitical tension is still present, geopolitical tension remains present. The United States and Iran are scheduled to continue their talks on the Tehran nuclear program, after discussions on Sunday described by the US side as “encouraging”, while Tehran considers it “difficult but useful”. Washington set sanctions on a third oil refinery in China last week, accusing it facilitating the Iranian oil trade. Meanwhile, the efforts to bring about peace in Ukraine have a decisive moment, after Ukrainian president Voludimir Zellinski named his Russian counterpart Vladimir Putin to hold on to this week’s talks. Technical indicators varied in the market; Since the difference between the two nearest decades of “Brent” “” “” “” “” “” “” state “shows a prize structure that is a bullish indicator, where the immediate prices are higher than those in the farthest decades, while the longest decades show the cargo pattern” “opposite.