U.S. crude prices turned higher overnight on Monday, breaking a three-day losing streak, as U.S. President Donald Trump said that China was willing to restart trade negotiations.
New York-traded West Texas Intermediate crude futures gained 57 cents, or 1.1%, to $55.33 a barrel by 7:51 AM ET (11:51 GMT), far from the intraday low of $52.98.
Brent crude futures, the benchmark for oil prices outside the U.S., rose 44 cents, or 0.8%, to $59.24, compared to the drop to $57.84 overnight.
Source : Investing.com