Oil rose toward $67 a barrel as weaker demand from virus-ravaged India partially offset optimism over the global economic recovery.
Brent crude edged higher after most-active prices rose almost 6% last month. April sales of gasoline in India fell to the lowest since August, while those for diesel were the least since October when factoring in the length of the month, preliminary data from officials with direct knowledge of the matter show.
Oil has rallied in 2021 on prospects for a rebound in demand as Covid-19 vaccines are rolled out, paving the way for greater economic activity. However, the recovery has been uneven, with some nations suffering from resurgent waves of the virus.
