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Today's Paper | May 14, 2026

Published 14 May, 2026 07:41am

Oil prices edge up as markets monitor Trump-Xi summit amid ME conflict

Oil prices have edged higher as investors anticipate a high-stakes meeting between President Trump and China’s Xi Jinping later today in Beijing, but focus remains firmly fixed on the US-Israel war on Iran, AlJazeera reports.

As of 00:15 GMT, Brent crude oil futures rose $0.13, or 0.12 per cent, to reach $105.76 per barrel, while US West Texas Intermediate crude futures climbed $0.12, or about 0.12pc, to trade at $101.14.

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