Oil inched higher on positive USA and China economic data
Oil inched higher on positive USA and China economic data
International benchmarks for crude oil gained about 1% on Tuesday, 6 April 2021 on the back of recovering service sector in both the USA and China. Data showed service activities in the USA touched a record high in March.
Brent gained 59 cents, or 0.94%, to $62.74/barrel.
WTI increased 68 cents, or 1.15%, to $59.33/barrel.