Oil Prices Stabilize as Traders Eye Trump-Xi Meeting

OilPrice · Charles Kennedy · last updated October 13, 2025 – 8:04 PM

Oil prices stabilized slightly in Asian trade on Tuesday, recouping some losses from the prior week as hopes of a diplomatic thaw between Washington and Beijing helped to cool bearish sentiment. While structural headwinds persist in the form of rising output and soft demand, traders are cautiously repositioning. After a sharp drop late last week when President Trump threatened a 100 % tariff on Chinese exports, oil prices had slumped to near five-month lows amid fear of demand contraction. A ceasefire in Gaza only added to downward pressure due…

here today, more tomorrow

We’ve launched briefing.center with a focus on the press and media.

And we’ve added Citizen Cartwright, a daily quick-read news summary by veteran Washington journalist Linda Cartwright. We’ve also created a new voting rights knowledge center for Citizen Cartwright subscribers. (You can sign up for a dedicated morning email at citizencartwright.com.)

You can sign up here for full access to press and media and Citizen Cartwright on briefing.center.

You can use briefing.center as the center of your information management, or just one of your tools. We’re happy to discuss your information needs.