Oil prices spiked most in seven months today following the China tariff delay headlines on optimism of a deal (or easing in tensions). “Some of the pessimism about oil demand and the trade war is being washed out of the market by these announcements,” said Michael Lynch, president of Strategic Energy & Economic Research in Winchester, Massachusetts. WTI hovered around $57 the figure, but started sliding notably ahead of the data and tumbled further on the 2nd surprise build in a row (Of course, WTI is still up on the day)... “We still have an undecided oil market,” said Ole Sloth Hansen, head of commodity ... (full story)