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

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

Polkadot price rises 43% in 30 days amid stablecoin referendum and new US ETF launch

Polkadot price rises 43% in 30 days amid stablecoin referendum and new US ETF launch

Polkadot's price increased by 43.2% over the past 30 days, driven by the ongoing Referendum 1944 to introduce a native stablecoin called dotUSD and the launch of the 21Shares Polkadot Staking ETF in the US. The referendum aims to create a protocol-na...

Protocol Fundamentals
Bullish
4 hours ago
THORChain earned nearly $11M in fees from stolen crypto linked to Bybit and Bitget hacks.

THORChain earned nearly $11M in fees from stolen crypto linked to Bybit and Bitget hacks.

On-chain analyst 余烬 revealed that THORChain facilitated cross-chain swaps for most of the funds stolen from Bybit, generating nearly $10 million in fees over 10 days. Additionally, THORChain processed stolen funds from Bitget, accumulating $1 million...

Analyst Insights
Bearish
4 hours ago
RLUSD stablecoin circulation hits 2.49B tokens, market value nears $2.5B on XRP Ledger

RLUSD stablecoin circulation hits 2.49B tokens, market value nears $2.5B on XRP Ledger

The RLUSD stablecoin circulation reached about 2.49 billion tokens on September 27, with its market value approaching $2.5 billion. This growth contributed to the total stablecoin value on the XRP Ledger rising approximately 6% over seven days and 11...

Protocol Fundamentals
Bullish
4 hours ago
US spot Bitcoin ETFs saw $2.4B inflows in a record week, pushing 2026 net balance positive for the first time.

US spot Bitcoin ETFs saw $2.4B inflows in a record week, pushing 2026 net balance positive for the first time.

US spot Bitcoin ETFs experienced a net inflow of about $2.4 billion in the week ending September 25, marking the strongest week since October 2025 and shifting the 2026 year-to-date balance from negative to positive. Despite this record inflow, Bitco...

Market News
Bullish
4 hours ago
Crypto address buys 9,158 ETH worth $24.34M, holding gains $363K amid price drop

Crypto address buys 9,158 ETH worth $24.34M, holding gains $363K amid price drop

A crypto address accumulated 9,158.25 Ether (ETH) over nearly three weeks, spending about $24.34 million at an average price of $2,658.12 per ETH. The purchases were made in multiple batches as Ether's price declined, indicating a strategy of buying ...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

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