crude oil prices, opec, us oil reserve, donald trump and crude oil, donald trump, saudi arabia

Oil prices boosted by news China, U.S. put trade war 'on hold'

Analysts say there is enough supply to meet demand despite ongoing production cuts led by the Organization of the Petroleum Exporting Countries (OPEC), plunging output in crisis-struck Venezuela and looming U.S. sanctions against major oil producer Iran. May 21, 2018
China and US flags

China agrees to import more from U.S., no sign of $200 billion figure

President Donald Trump has threatened to impose tariffs on up to $150 billion on Chinese goods to combat what his administration says is Beijing's misappropriation of U.S.intellectual property through joint venture requirements and other policies that force technology transfers. May 20, 2018