Oil edges down as OPEC output plans offset US-China trade optimism
Update: 2025-10-28
Description
Oil prices teeter as OPEC output hike looms while US-China trade talks offer hope. Brent crude hovers around $65.59, WTI at $61.26, balancing potential supply increases against positive trade deal progress. Despite recent gains fueled by US sanctions on Russian oil firms, experts predict oversupply will likely keep prices stable.
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