CNBC | Oil prices soar 4 percent after US, China suspend trade hostilities CNBC Oil prices shot higher on Monday after the United States and China agreed to a 90-day truce in their trade conflict and ahead of a meeting by producer club OPEC this week that is expected to result in a supply cut. U.S. West Texas Intermediate (WTI ... Cheap oil is no longer a huge positive for the US economy - CNN Are Oil Markets About To Turn Around? Putin Says Russia, Saudi Arabia Will Extend OPEC+ Oil Pact |