Oil edges higher on hopes for US stimulus, demand recovery


SINGAPORE, Aug 11 (Reuters): Crude oil gained more ground on Tuesday, with prices underpinned by expectations of U.S. stimulus and a rebound in Asian demand as economies reopen.

Brent crude added 22 cents, or 0.5%, to $45.21 a barrel, as of 0441 GMT. West Texas Intermediate U.S. crude rose 32 cents, or 0.8%, to $42.26 a barrel.

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