WTI prices start the week above $60 on reports of the U.S.-China trade deal

Crude oil markets started the week on a bullish note, with traders responding positively to reports that the U.S. and Chinese governments had signed a trade deal. Their enthusiasm helped push the price of West Texas Intermediate (WTI) oil future above the threshold of $60 per barrel for the first time since mid-September.

Posted by Jennifer Delay Iacullo

Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.

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