Oil edges up on China’s fiscal stimulus


(A Reuters file pic shows a pump jack operating at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015.)

SINGAPORE: Oil prices inched up after China said it would raise spending to stem an economic slowdown that has been weighing on financial markets.

International Brent crude oil futures were at US$61.85 per barrel at 0624 GMT, up 35 cents, or 0.6%, from their last close.

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