Oil prices rose on Monday, supported by a rebound in the stock market as concerns of a trade war between the United States and China eased.  Brent crude LCOc1 futures rose $1.25 to $68.36 a barrel, a 1.9 percent gain, by 12:29 p.m. EDT (1629 GMT). U.S. West Texas Intermediate (WTI) crude CLc1 futures rose $1.21 to $63.27 a barrel, a 2.0 percent gain. Prices were on track for their largest daily percentage gain since March 23. “Once again we find the oil market being swept up in broader market sentiment,” said Matt Smith, director of commodity research at ClipperData. “After Friday’s flight from risk, the positive mood in equities to start the week is encouraging a rebound in oil, with a weakening dollar providing a further shot in the […]