Oil gains 1% as China pushes Trump for more tariff rollbacks

Oil prices rose more than 1% on Tuesday on hopes for a U.S.-China trade agreement and optimism that Washington could roll back some tariffs on Chinese imports, Trend reports citing Reuters.

Brent crude futures rose 83 cents, or 1.3%, to settle at $62.96 a barrel. U.S. West Texas Intermediate (WTI) crude futures ended 69 cents, or 1.2%, higher at $57.23 a barrel.

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