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China oil trade talks have sparked a bit of a boost in energy markets right now, with prices actually bouncing back from four-year lows. Just yesterday, oil futures turned higher after Chinese officials signaled that they might be willing to engage with the U.S., which could ease some of the tensions that have been weighing on commodity prices for a while. Also Read: XRP Price Prediction: 25% Drop in XRP as Euro Stablecoin Hits XRP Ledger How China’s Oil Trade Talks With the U.S. Are Shaping Global Oil Prices Source: Watcher Guru Markets React Positively The oil market reaction to China trade talks was pretty much immediate. Brent futures added about 1.4% while West Texas Intermediate also climbed up, erasing those earlier losses from the morning. Ole Hansen, head of commodities strategy at Saxo Bank, stated: “A bit of risk-on followed after news broke of China’s openness to talks. Overall the market seems to be settling into a bit of a wait-and-see mode.” This p...