Oil prices rose on Friday to their highest level since mid-September as a ‘phase one’ trade deal between the world’s two largest economies, the United States and China, looks increasingly likely. At 08:55 a.m. EDT on Friday, WTI Crude was nearing the US$60 per barrel mark, rising by 1.01 percent to US$59.78. Brent Crude traded up 1.18 percent at US$64.96, having hit US$65 earlier in the day. Oil prices haven’t been so high since September 16, when the attack on Saudi Arabia’s oil infrastructure sent prices soaring…
