SINGAPORE: Oil prices rose on Tuesday on expectations of a drawdown in crude oil inventories in the United States for a fifth straight week, but investor worries over climbing coronavirus cases globally capped price gains.
Brent crude oil futures climbed 22 cents, or 0.4%, to $55.88 a barrel by 0703 GMT, while U.S. West Texas Intermediate (WTI) gained 25 cents, or 0.5%, to $52.50 a barrel.
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