TODAY CRUDE OIL UPDATE

Oil prices gained on Monday in Asia, supported by hopes that the U.S. and China might be able to resolve their trade disputes after both sides reported progress in the latest negotiations that ended in Beijing last week.U.S. President Donald Trump said at a news conference over the weekend that the talks are “going extremely well,” and that Washington is closer than ever before to “having a real trade deal” with Beijing.The President added that he would remove tariffs if the two sides could reach an agreement.Chinese President Xi  also sounded upbeat, saying the latest round of meetings “achieved important progress in another step,” according to China’sNews Agency

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