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Oil hovers near 3-week highs on Middle East tensions, China demand

By Inquirer - 9 months ago
BEIJING  —Oil prices edged up on Tuesday, hovering close to three-week highs on heightened Middle East tensions and recovering China demand. Brent futures ticked up 3 cents to $83.59 a barrel by 0757 GMT. U.S. West Texas Intermediate (WTI) crude for April delivery inched up 2 cents to $78.48 a barrel. The March WTI contract

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