Oil climbs after US leaders strike provisional debt deal

SINGAPORE  – Oil prices rose in early Asian trade on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world’s largest economy and oil consumer. Brent crude futures climbed 39 cents, or 0.5 percent, to $77.34 a barrel by 2317 GMT, while U.S. West Texas Intermediate crude was … Continue reading Oil climbs after US leaders strike provisional debt deal