Oil edges up as US-China de-escalate trade tensions
Oil prices rose on Tuesday as early signs of a thaw in US-China trade tensions bolstered market sentiment, alleviating concerns over global fuel demand. Brent crude futures rose 18 cents, or 0.28%, to $63.50 a barrel by 0000 GMT, while US West Texas Intermediate crude was at $59.65 a barrel, up 16 cents, or 0.27%.