Oil gains amid hopes on fuel consumption rise in US ahead of rise in pandemic aid payments

Oil rose on Tuesday, for the third time in four sessions, on expectations for rising fuel demand as the United States may expand their pandemic aid payments and a final Brexit deal is set to stabilize trade between Europe and the UK.

Brent crude futures climbed 36 cents, or 0.7%, to $51.22 a barrel, as of 0151 GMT and US West Texas Intermediate (WTI) crude futures added 34 cents, or 0.7%, to $47.96 a barrel.

Crude rose along with gains in Asian shares, with Japanese stocks hitting a 29-year high, on rising investor risk appetite as the US House of Representatives voted to raise pandemic relief payments to $2,000 from $600. The Senate still needs to vote on the measure.