West Texas Intermediate futures climbed 0.8% to settle near $63 a barrel, while Brent advanced to close around $66.50, after President Donald Trump said that US officials have been holding meetings with Chinese officials on trade as recently as this morning. That countered some pessimism over the major crude importer’s earlier comments that the US should revoke all unilateral tariffs and its dismissal of speculation that progress has been made in bilateral communications.
