CNBC | Oil prices surge after US, China agree trade war ceasefire CNBC Oil prices surged in early trading on Monday after the United States and China agreed a 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 Are Oil Markets About To Turn Around? Putin Says Russia, Saudi Arabia Will Extend OPEC+ Oil Pact |