Oil prices rebound from multi-week lows

Brent crude oil futures settled up 41 cents, or 0.53%, at US$77.49 per barrel. US West Texas Intermediate crude futures were up 60 cents, or 0.82%, at US$73.77.

NEW YORK: Oil prices settled up on Tuesday, bouncing back from multi-week lows, after the White House said US President Donald Trump's plans to issue tariffs on Canadian and Mexican imports this week still holds.

Fears of weaker demand linked to soft economic data from China and rising temperatures elsewhere capped the gains.