Oil rebounds as strong China trade data offsets supply concerns


MELBOURNE/SINGAPORE, Oct 13 (Reuters): Oil prices rose on Tuesday, recovering some ground from falls of nearly 3% in the previous session, drawing support from robust China data, although concerns about supply resumption in Norway, the US Gulf of Mexico and Libya still weighed on the market.

US West Texas Intermediate (WTI) crude futures rose 12 cents, or 0.30%, to $39.55 a barrel at 0739 GMT. Brent crude futures rose 12 cents, or 0.29%, to $41.84 a barrel.

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Oil Prices , Steady , Date Number , Solid , Covid-19

   

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