Oil gains after U.S.-China trade deal, rise in inventories
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TOKYO (Reuters) - Oil prices rose on Thursday after the signing of an initial Sino-U.S. trade deal that sets the stage for a surge in Chinese purchases of American energy products, while U.S. crude inventories fell more than expected.Brent was 45 cents, or 0.7%, higher at $64.45 a barrel by 0310 GMT, while U.S. crude was up by 39 cents, or 0.7%, at $58.20 a barrel.Under the so-called Phase 1 deal to call a truce in a trade war between the world's two biggest economies, China committed to buying..