India, March 11 -- Oil prices inched higher on Tuesday after falling to six-month lows on Monday on trade war worries and the prospects of more oil coming into the market.
Benchmark Brent crude futures jumped 0.6 percent to $69.71 in European trade after sliding 1.5 percent in the previous session on demand concerns and uncertainty over OPEC+ supply changes. WTI crude futures were up 0.6 percent at $66.40.
A weaker dollar lent some support as demand for recession havens boosted gold, yen, the Swiss franc and sovereign bonds.
Investors remain concerned about a global trade war impacting economic growth and the prospects for oil demand.
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On the geopolitic...