Oil Rises After US-EU Tariff Deal

Oil prices rose on Monday after the United States agreed on a 15 per cent trade tariff with the European Union.

The deal relieved concerns that higher levies could have hurt economic activity and limited fuel demand.

Brent crude futures further rose by 61 cents, or 0.89%, to $69.05 a barrel by 7:00 AM WAT, while U.S. West Texas Intermediate crude stood at $65.75 a barrel, up 59 cents, or…