Oil steadies after hitting three-week low on pandemic restrictions
TOKYO: Oil prices rose on Tuesday, edging up from a three-week low in the previous session, but gains are likely to be limited on worries that rising COVID-19 cases and restrictions in China will dent fuel demand.
Brent crude was up by 30 cents, or 0.4%, at $69.34 a barrel by 0106 GMT, after falling 2.3% on Monday. US oil was up by 43 cents, or 0.7, at $66.91 a barrel, having fallen by 2.6% in the previous session.
