Oil rises after U.S.-China deal, IEA forcast limits gains
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LONDON/TOKYO (Reuters) - Oil prices rose on Thursday after the United States and China signed an eagerly awaited Phase 1 trade deal, giving some relief to markets, but gains were capped as the International Energy Agency said it expected oil production to outstrip demand.Brent was 36 cents, or 0.6%, higher at $64.36 a barrel by 0941 GMT, while U.S. crude was up by 22 cents, or 0.4%, at $58.03 a barrel. Under the so-called Phase 1 deal to call a truce in a trade war between the world's two..