Home Business Oil rises further above $65 on trade hopes, supply cuts Business Oil rises further above $65 on trade hopes, supply cuts By Genpie - December 18, 2019 165 0 Facebook Twitter Google+ Pinterest WhatsApp Oil prices rose more than 1% on Tuesday, supported by hopes the U.S.-China trade deal will bolster oil demand in 2020 after a prolonged dispute between the world’s two largest economies dented global market sentiment.