Oil extended gains on Tuesday, lifted by hopes of improved economic activity after the U.S.-EU trade deal, a potential U.S.-China tariff truce and President Donald Trump's shorter deadline for Russia to end the Ukraine war.

White House officials are meeting Chinese officials in Stockholm this week to hammer out more details for a framework between the world’s two largest economies.

U.S. Trade Representative Jamieson Greer joins Morning Joe from Stockholm following President Trump’s new EU trade deal. Greer calls the agreement a “structural change” in favor of the U.S., says tensions with Europe are easing,