Oil prices rose during Tuesday’s trading, supported by Chinese economic data that boosted expectations of improved demand.
Brent crude futures rose 19 cents, or 0.3 percent, to $64.13 a barrel. U.S. West Texas Intermediate (WTI) crude futures for February, which expire today, also rose 25 cents, or 0.4 percent.
The more actively traded March U.S. West Texas Intermediate crude contract increased by 0.08 cents, or 0.13 percent, to $59.42.
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