Oil Posts Gains While Attention Shifts to Demand Side
Singapore, April 04 (QNA) – Oil prices rose on Tuesday after OPEC+ plans to cut more production jolted markets the previous day, with investors’ attention shifting to demand trends and the impact of higher prices on the global economy.
Brent crude futures were up 41 cents, or 0.5%, to $85.34 a barrel. US West Texas Intermediate (WTI) crude futures were trading at $80.83 a barrel, up 41 cents, or 0.5%. (QNA)