# Despite progress in trade talks between the U.S. and China, oil futures gave up early gains

> Crude oil fell sharply on Feb 25 after US President Trump called on OPEC to ease its output cuts, with April WTI settling at $55.48, down 3.11 percent. Brent settled at $64.76, down 3.52 percent. Gains from progress in US-China trade talks were erased in the session.

- Date: 2019-02-26 · published 2019-02-26T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/60761-despite-progress-in-trade-talks-between-the-u-s-and-china-oil-futures-gave-up
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Political pressure to lift output raises the risk of more supply, which pushes crude lower. Lower crude reduces biofuel and energy costs that support vegetable oil and feed prices.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-10-29 | [Crude oil futures fall as US seeks to revive Iran peace talks - The HinduBusinessLine](https://feedsoft.ai/events/255-crude-oil-futures-fall-as-us-seeks-to-revive-iran-peace-talks-the.md) | -2.3% | — |
| WTI | 2025-09-19 | [Crude oil trades lower as Trump pledges support for post-war peace between Russia and Ukraine - The HinduBusinessLine](https://feedsoft.ai/events/22974-crude-oil-trades-lower-as-trump-pledges-support-for-post-war-peace-between.md) | +2.4% | -9.1% |
| WTI | 2026-03-25 | [Oil price: WTI, Brent fall as Trump signals Iran talks despite Tehran denial](https://feedsoft.ai/events/8155-oil-price-wti-brent-fall-as-trump-signals-iran-talks-despite-tehran-denial.md) | +10.2% | +1.3% |
| WTI | 2026-03-27 | [Crude oil futures decline as US extends Iran peace deal deadline - The HinduBusinessLine](https://feedsoft.ai/events/20283-crude-oil-futures-decline-as-us-extends-iran-peace-deal-deadline-the.md) | +17.8% | +1.5% |
| WTI | 2022-11-28 | [Anti-Xi-Jinping Protests Drag Down Oil, WTI Futures Fall To Lowest Level In Nearly A Year - United States - Benzinga](https://feedsoft.ai/events/38853-anti-xi-jinping-protests-drag-down-oil-wti-futures-fall-to-lowest-level-in.md) | +4.6% | +4.2% |
| BRENT | 2026-10-29 | [Crude oil futures fall as US seeks to revive Iran peace talks - The HinduBusinessLine](https://feedsoft.ai/events/255-crude-oil-futures-fall-as-us-seeks-to-revive-iran-peace-talks-the.md) | -5.4% | — |
| BRENT | 2025-09-19 | [Crude oil trades lower as Trump pledges support for post-war peace between Russia and Ukraine - The HinduBusinessLine](https://feedsoft.ai/events/22974-crude-oil-trades-lower-as-trump-pledges-support-for-post-war-peace-between.md) | +3.4% | -9.7% |
| BRENT | 2026-03-25 | [Oil price: WTI, Brent fall as Trump signals Iran talks despite Tehran denial](https://feedsoft.ai/events/8155-oil-price-wti-brent-fall-as-trump-signals-iran-talks-despite-tehran-denial.md) | +15.0% | +1.0% |

## Sources

- spragueenergy.com: https://www.spragueenergy.com/despite-progress-in-trade-talks-between-the-u-s-and-china-oil-futures-gave-up-early-gains/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.