Oil prices rose on Tuesday on hopes for a U.S.-China trade agreement and optimism that Washington could roll back some of the tariffs it has imposed on Chinese imports.
Brent crude was up 61 cents, or 1%, at $62.74 a barrel by 11:36 GMT. U.S. crude rose 42 cents, or 0.7%, to $56.96.
China is pushing U.S. President Donald Trump to remove more tariffs imposed in September as part of a so-called Phase 1 deal, which would help to ease the broad economic damage inflicted by the trade dispute between the world's two biggest oil consumers.
Source : Reuters