Oil gains on report of upbeat China trade talks, forecasts for a weekly decline in U.S. supplies

Myra P. Saefong
Oil gains on report of upbeat China trade talks, forecasts for a weekly decline in U.S. supplies

Oil futures gain on Tuesday, giving up earlier losses following a report from The Wall Street Journal that is being perceived as upbeat in long-running negotiations between the U.S. and China on import tariffs.