Oil prices settled lower on Monday, paring earlier gains as hopes of a comprehensive U.S.-China trade deal faded and a new poll showed analysts expected U.S. oil crude inventories to have risen last week. Brent crude LCOc1 settled down 2 cents, or 0.03%, at $58.35 a barrel, after hitting a high of $59.68. U.S. West Texas Intermediate (WTI) crude CLc1 settled at $52.75, down 6 cents or 0.11%, after hitting a high of $54.06. Hopes of progress in U.S.-China trade talks had helped lift prices earlier in the session. U.S. and Chinese officials meet in Washington on Thursday and Friday in a fresh effort to work out a deal, which U.S. President Donald Trump said his administration had a “very good chance” of achieving. But […]