OIL PRICES RISE AMIDST U.S CHINA TRADE DEAL

The market sentiments are focused on the United States and China trade agreement due to be signed this week. Both the countries are top consumers of oil, and the market’s prediction of the weakening of the U.S crude oil inventories has resulted in an increase in oil prices on Tuesday.  

But price gains were reduced by easing Middle East tensions, with both Iran and the U.S retreating from additional escalation after t....