Oil prices inch higher on relaxed China COVID curbs, tight supplies


SINGAPORE: Oil prices edged higher on Tuesday on an expected demand recovery in China as the world's second-biggest economy relaxes tough COVID-19 curbs, and on doubts that a higher output target by OPEC+ producers would ease tight supply.

Brent crude futures were up 28 cents, or 0.2%, at $119.79 barrel at 0601 GMT.

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Oil and gas , Brent , WTI , Opec

   

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