TOKYO: Oil prices extended gains on Tuesday as hopes of a solid recovery in fuel demand following the reopenings of the U.S. and European economies offset concerns over spreading COVID-19 cases in Asia.
Brent crude oil futures were up 19 cents, or 0.3%, at $69.65 a barrel by 0517 GMT, while West Texas Intermediate (WTI) was up 18 cents, or 0.3%, at $66.45 a barrel.
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