Mumbai, March 18 -- WTI crude oil futures edged higher on Tuesday morning in Asia, supported by positive economic data from China coupled with a special plan from Chinese officials to boost domestic consumption. China launched special initiatives to boost consumption and raise incomes and also took measures to stabilize the stock and property markets. Besides, persistent geopolitical tensions also keep oil prices supported. Currently, the counter is quoting at $67.63 per barrel, up 0.39% on the day. Meanwhile, energy speculators increased their net long positions in the crude oil futures market, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures co...
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