Oil Hits 2-Month High as China Truce Signals Brighter Outlook
A worker collects a sample of crude oil for quality control purposes at a testing facility. (Photographer: Oliver Bunic/Bloomberg)

Oil Hits 2-Month High as China Truce Signals Brighter Outlook

(Bloomberg) -- Oil prices climbed to a two-month high as China was said to offer a trillion-dollar buying spree to defuse trade tensions with the world’s biggest economy.
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