Oil prices rose to a gain after sinking to a four-year low Wednesday morning in anticipation of slowing economic growth and reduced energy demand, both casualties of a trade war that began after President Donald Trump ordered widespread tariffs against the imports of U.

Crude futures climbed after President Trump paused some tariffs for 90 days, while raising tariffs on China further following Beijing’s retaliation.

President Donald Trump's decision Wednesday to implement a 90-day pause on so-called reciprocal tariffs on most countries reassures the market that Trump is "not immune to a market decline," said Manish Raj,