Oil prices rise as China agrees to more U.S. energy purchases
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TOKYO (Reuters) - Oil prices rose on Thursday, propelled higher by the long-anticipated signing of an initial trade deal between Washington and Beijing that sets the stage for a potentially huge increase in energy supplies from the United States to China.Brent was 33 cents, or 0.5%, higher at $64.33 a barrel by 0118 GMT, while U.S. crude was up by 28 cents, or 0.5%, at $58.09 a barrel.Under the so-called Phase 1 deal to call a truce in a trade war between the world's two biggest economies,..