Oil edges up as US-China de-escalate trade tensions

Core Viewpoint - Oil prices increased due to early indications of improved U.S.-China trade relations, which enhanced market sentiment and reduced worries about global fuel demand [1] Group 1 - Oil prices rose on Tuesday, reflecting a positive market reaction to the potential easing of trade tensions between the U.S. and China [1] - The alleviation of concerns regarding global fuel demand contributed to the rise in oil prices [1]