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The news of reducing bitterness between US and China brought the air of optimism in the market. On Monday, oil increased with the early gains in the market. WTI went up by 0.17%, at $57.87 a barrel. Brent went up by 0.11%, at $63.46 a barrel. “This is a big step forward for potential trade negotiation if they are adopted as official policy,” said strategist McCarthy at CMC Markets.