<ul><li>Oil prices rose about 1% on Wednesday as the market took a bullish view on China's stance on potential trade talks.</li><li>Brent crude futures rose 53 cents, or 0.82%, while U.S. West Texas Intermediate crude rose 52 cents, or 0.85%.</li><li>A Bloomberg report stated that China wants more respect from the Trump administration before agreeing to talks and also wants the U.S. to appoint a new primary contact in future discussions.</li><li>Global oil demand is expected to grow at its slowest for five years in 2025, with concerns over Trump's tariffs and rising output from the OPEC+ group impacting prices.</li></ul>

Oil Prices Jump on Possible U.S.-China Talks

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