Oil prices rebound, but fuel demand concerns cap gains
SINGAPORE: Oil prices climbed on Tuesday, clawing back some of the previous session’s deep losses, even though concerns over coronavirus curbs combined with slowing factory activity in key buyer countries to keep a lid on gains.
Brent crude oil futures rose 24 cents, or 0.3%, to $73.13 a barrel, as of 0125 GMT. US West Texas Intermediate (WTI) crude added 26 cents, or 0.4%, to $71.52 a barrel.
