Oil rises on signs of easing U.S.-China tensions - Reuters

Oil rises on signs of easing U.S.-China tensions - Reuters:

Oil rose on Wednesday following media reports that China was open to agreeing a partial trade deal with the United States, while Turkey’s military operation in northern Syria also supported prices as it could impact regional oil production.

Brent crude LCOc1 was up 97 cents at $59.21 a barrel by 1326 GMT, and U.S. West Texas Intermediate crude CLc1 was at $53.57, up 94 cents.

Negotiators from the United States and China, the world’s top two economies, will meet in Washington on Thursday in the latest effort to hammer out a deal aimed at ending a long-running trade dispute that has slowed global growth.