Oil prices climbed on Wednesday as markets were optimistic about fuel demand recovery as China continues to ease its COVID-19 restrictions.
Brent futures for February delivery rose 31 cents to $84.64 a barrel, a 0.4% gain, by 0117 GMT. U.S. crude advanced 22 cents, or 0.3%, to $79.75 per barrel. Amid the optimistic market mood both benchmarks hit their highest level in three weeks on Tuesday.