💨 Abstract

Oil prices rose on Tuesday due to China's monetary stimulus and Middle East tension concerns, potentially impacting supply from key producers. Brent crude and U.S. WTI rose 0.93% and 1.05%, respectively. This increase comes after both contracts closed lower on Monday due to demand worries following disappointing Eurozone business activity and lingering concerns about Chinese fuel consumption.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖