Crude oil edges up on US, Europe demand growth prospects

MELBOURNE: Oil prices added to overnight gains on Tuesday, buoyed as more U.S. states eased lockdowns and the European Union sought to attract more travellers, which would help offset weakened fuel demand in India as COVID-19 cases soar.

Brent crude futures rose 14 cents, or 0.2%, to $67.70 a barrel at 0150 GMT, after climbing 1.2% on Monday.

U.S. West Texas Intermediate (WTI) crude futures also rose 14 cents, or 0.2%, to $64.63 a barrel, after gaining 1.4% on Monday.

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