Crude oil prices inched up on Tuesday

International benchmarks for oil prices ended a rocky trading session on Tuesday (5 April) with gains, which many analysts cannot give a solid explanation. The IMF in a speech in Frankfurt warned about a persistent fragile growth condition and urging advanced nations to step up stimuluses. Meanwhile, market is awaiting for the crude and crude products inventories report from the US Energy Department in Wednesday, which many analysts expected to have rose more than 3 million barrels in the past week. Optimism on the 17 April Doha meeting is fading, yet many experts are encouraging market that it is too early to give up on the deal.

WTI closed at   $35.89/b (+$0.19)
Brent closed at $37.87/b (+$0.18)

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