Oil prices rise on OPEC+ cuts, record China imports

SINGAPORE (Reuters) - Oil climbed on Monday after major producers agreed to extend a deal on record output cuts to the end of July and as China's crude imports hit an all-time high in May.Brent crude was up 51 cents, or 1.2%, at $42.81 per barrel, by 0628 GMT, while U.S. West Texas Intermediate (WTI) crude rose 32 cents, or 0.8%, to $39.87 a barrel.Both hit their highest since March 6 earlier in the session, at $43.41 and $40.44, respectively.Brent has nearly doubled since the Organization of..