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Crude oil posts strongest weekly gain this year on renewed U.S.-China optimism

Jun. 06, 2025 7:42 PM ETUnited States Oil Fund, LP ETF (USO), XLEUCO, HL, FCEL, DRD, TGB, DBO, EXK, UNG, FCG, USL, PNRG, TOPS, SCO, UNL, BNO, LODE, AG, UAMY, BOIL, KOLD, DC, GUSH, DRIP, FMST, USOI, CO1:COM, NG1:COM, CL1:COM, BROG, SOC, OPAL, NPWR, ASPI, USAR, ZEOBy: Carl Surran, SA News Editor
Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

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Crude oil futures wrapped up their best weekly showing so far this year, lifted by optimism that renewed engagement this week between the U.S. and China could lead to trade agreements.

The resumption of U.S.-China trade talks and news that

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