# Oil’s roundtrip back to $100: Why China could determine what happens next

https://mins.news/en/item/55844

- CNBC, 2026-09-12 12:40 UTC
- Economy
- Original: https://www.cnbc.com/2026/09/12/oils-roundtrip-back-to-100-why-china-could-determine-what-happens-next.html

> U.S. crude oil prices topped $102 a barrel on Thursday, marking their highest close since May. China could help determine where oil prices go from here.

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