HOUSTON: Crude oil futures climbed more than US$1.60 a barrel on Tuesday, lifted by a temporary cut in US-China tariffs and a better-than-expected inflation report.
Brent crude futures settled at US$66.63 a barrel, up US$1.67, or 2.57%. US West Texas Intermediate (WTI) crude finished at US$63.67, up US$1.72 or 2.78%.
