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Crude futures settle higher

China

China

China

Crude futures settle higher

2025-07-31 13:01 Last Updated At:13:47

Oil prices climbed on Wednesday.

The West Texas Intermediate for September delivery gained 79 cents, or 1.14 percent, to settle at 70 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for September delivery went up 73 cents, or 1.01 percent, to settle at 73.24 dollars a barrel on the London ICE Futures Exchange.

Crude futures settle higher

Crude futures settle higher

Canadian Prime Minister Mark Carney arrived in Beijing on Wednesday for an official visit to China through Saturday.

This visit marks the first trip to China by a Canadian Prime Minister in eight years.

When briefing on the visit of Carney, a Chinese foreign ministry spokesperson said President Xi Jinping will meet with the Canadian prime minister to provide new strategic guidance for further improving and developing China-Canada relations.

Chinese Premier Li Qiang and Chairman of China's National People's Congress Standing Committee Zhao Leji will hold separate talks and meetings with the Canadian prime minister to conduct comprehensive and in-depth exchanges on bilateral relations as well as issues of mutual interest.

The spokesperson said China looks forward to taking this visit as an opportunity to enhance dialogue and communication, increase political mutual trust, expand practical cooperation, properly manage differences, address each other's concerns and consolidate the momentum of improvement in China-Canada relations to bring greater benefit for the two peoples.

Canadian PM arrives in Beijing for official visit

Canadian PM arrives in Beijing for official visit

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