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China Trade Talks Go Nowhere

Crude oil prices continued to rise on Friday, as trade talks between the U.S. and China ended with no major breakthrough.

West Texas Crude oil futures rose 0.87% to $68.42 a barrel as of 4:39 AM ET (8:39 GMT). Meanwhile Brent crude futures, the benchmark for oil prices outside the U.S., increased 0.74% to $75.28.

The U.S. and China moved ahead with 25% tariffs on $16 billion worth of goods, as trade talks between the two ended with no agreement. The two biggest economies in the world have been in a tit-for-tat trade war for months.


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