Oil gains 1% on strong US, China economic data


Brent rose US59 cents, or 1%, to settle at $62.74 a barrel. U.S. West Texas Intermediate (WTI) crude rose 68 cents, or 1.2%, to settle at $59.33 a barrel

NEW YORK: Strong economic data from China and the United States helped lift oil prices by 1% on Tuesday, recouping some of the previous session's steep losses.

Brent rose US59 cents, or 1%, to settle at $62.74 a barrel. U.S. West Texas Intermediate (WTI) crude rose 68 cents, or 1.2%, to settle at $59.33 a barrel.

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Oil price , Brent , U.S. oil , WTI , China , US , data ,

   

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