Crude oil prices have fallen sharply since the start of the year, caught up in the market turmoil of Donald Trump's trade war. The OPEC+ group of oil-producing countries has responded by increasing production,

Oil futures rallied on news of a trade deal between the U.S. and the U.K. that includes lowering the tariff on British-made cars imported into the U.S. and exempting some goods from an overall 10% tariff.