Oil Prices Plummet Ahead of Trump Xi Meeting The high stakes diplomatic meeting between US President Donald Trump and Chinese President Xi Jinping has sent shockwaves through the oil markets, with prices plummeting to levels not seen in months.
This latest development is part of a long running story of global economic uncertainty that has left investors scrambling for answers.
Market Reaction to Trump Xi Meeting The market's reaction to the impending meeting was predictable: oil prices have been falling sharply since the news broke, with Brent crude dipping below $60 per barrel and WTI slipping beneath $55.