Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Oil prices rise as Trump says China agreed to buy U.S. crude, but China hasn't confirmed yet

Market News
14 May 2026
CNBC
View Source
Bullish
pluang ai news

Oil prices increased after U.S. President Donald Trump announced that China agreed to purchase oil from the U.S. following talks with Chinese leader Xi Jinping. Brent crude rose 1.49% to $107.30 a barrel, and U.S. West Texas Intermediate gained 1.55% to $102.74 per barrel. However, China has not confirmed these purchases, and there was no official response from Chinese authorities. The price gains were also supported by agreements between the two leaders to keep the Strait of Hormuz open, a vital oil shipping route, with China opposing militarization or toll charges for its use. U.S. Treasury Secretary also noted China's interest in reopening the strait, which is crucial for global oil supply.

More News

Hostinger launches AI-powered ecommerce platform enabling product sales via photo links without a website.

Hostinger launches AI-powered ecommerce platform enabling product sales via photo links without a website.

Hostinger has introduced Hostinger Ecommerce, an AI-driven platform that allows small sellers to create product pages and checkout links from photos in minutes, without needing a website. The platform manages inventory, orders, payments, and shipping...

Others
Bullish
58 minutes ago
North Texas Food Bank adds five new leaders to its board to boost hunger relief efforts.

North Texas Food Bank adds five new leaders to its board to boost hunger relief efforts.

The North Texas Food Bank has appointed five new board members with diverse expertise in foodservice, retail, finance, and operations, effective July 1, 2026. These leaders bring valuable experience to support the organization's growth and mission to...

Others
Neutral
2 hours ago
First Merchants to report Q2 2026 results and host earnings call on July 22-23

First Merchants to report Q2 2026 results and host earnings call on July 22-23

First Merchants Corporation will release its financial results for the second quarter of 2026 on July 22, followed by a conference call and webcast on July 23. Investors can register to participate in the call or view the webcast online, with a repla...

Company Fundamentals
Neutral
2 hours ago
First Federal Savings Bank and ICBA share 10 essential financial tips for safe summer travel.

First Federal Savings Bank and ICBA share 10 essential financial tips for safe summer travel.

First Federal Savings Bank and the Independent Community Bankers of America (ICBA) have issued 10 financial safety tips to help travelers manage their money securely during the summer travel season. Key advice includes notifying banks of travel plans...

Market News
Neutral
3 hours ago
LKQ Corporation to release Q2 2026 earnings on July 30 with a management call.

LKQ Corporation to release Q2 2026 earnings on July 30 with a management call.

LKQ Corporation announced it will publish its financial results for the second quarter of 2026 on July 30. The company will host a conference call and webcast with senior management to discuss the results, providing investors an opportunity to hear i...

Company Fundamentals
Neutral
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App