NEW YORK (Reuters) – Oil prices rose more than $2, or over 3 percent, on Tuesday as investors grew more confident that a brewing trade dispute between the United States and China may be resolved without harming the global economy. Brent crude futures were up $2.32, or 3.4 percent, at $70.97 a barrel by 2:10 p.m. EST (1810 GMT). It was Brent’s largest single-day percentage jump since November. West Texas Intermediate crude futures gained 3.3 percent, or $2.07, to $65.49 a barrel. “This has been another huge day,” said Bill Baruch, president of Blue Line Futures in Chicago. “There’s soothing trade war fears, geopolitics, and a weaker dollar at play,” Baruch said. President Xi Jinping on Tuesday promised to open China’s economy further and lower import tariffs, striking a conciliatory tone […]