3 years ago
Oil rises to $69 as focus returns to tighter market
Oil rose to $69 a barrel on Tuesday as investors focused on prospects for tighter supply due to extended OPEC+ output curbs and amid growing hopes of a recovery in demand. Brent crude was up 78 cents, or 1.1%, at $69.02 by 1014 GMT, after trading as low as $67.61. U.S. West Texas Intermediate (WTI) crude added 41 cents to $65.46.
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