Prices are rising ahead of Friday's OPEC meeting.
OPEC meets on Friday to decide on output policy.
The U.S. and China are threatening punitive tariffs on each other's exports, which could include oil supplies.
Goldman Sachs analysts expect OPEC to increase output, but that won’t necessarily suppress prices.
Oil prices rose on Monday ahead of an OPEC meeting this week and as investors assessed the impact of a trade dispute between the United States and China.
China said it would slap duties on American export products, including crude oil.
The proposal has aroused intense opposition from tribal and climate change activists.
Will OPEC’s moves give U.S. consumers some relief?
OPEC meets in Vienna next week that could increase production.
Texas Attorney General Ken Paxton on New York City's lawsuit calling for big oil to pay for the costs due to climate change.
The country is considering producing fuels from foreign crude oil for the first time ever
U.S. oil production hit a weekly record of 10.9 million bpd last week.
OPEC will meet next week to discuss increasing oil output.
OPEC said that the oil market outlook in the second-half of 2018 is highly uncertain and warned of downside risks to demand.
OPEC likely in no rush to relax their output cuts
Trump and Kim started a one-day summit in Singapore with the goal to narrow differences over how to end a nuclear standoff on the Korean peninsula.
The Schork Report Publisher Stephen Schork on the outlook for oil prices.
Prices were weighed down by another rise in the number of rigs drilling for new oil production in the United States.
Armstrong Oil and Gas CEO Bill Armstrong on the company's big oil discovery in Alaska.
Former Shell Oil President John Hofmeister on Pope Francis meeting with oil executives on the dangers of climate change.