Home Business Oil rises 1% on optimism for a U.S.-China trade deal Business Oil rises 1% on optimism for a U.S.-China trade deal By Genpie - December 13, 2019 161 0 Facebook Twitter Google+ Pinterest WhatsApp Oil prices gained nearly 1% on Thursday on hopes that the United States and China were close to reaching a deal on an ongoing trade dispute that has raised concerns about global demand for crude.