Oil prices near three-month highs on U.S.-China trade deal
LONDON (Reuters) - Oil prices on Monday held near three-month highs, supported by last week’s announcement that an initial trade deal had been reached between the United States and China.
Brent crude oil futures LCOc1 rose 17 cents or 0.3% to $65.39 a barrel by 0940 GMT, while West Texas Intermediate crude CLc1 was up 10 cents or 0.2% to $60.17 a barrel.