Dhaka, March 18 -- Oil prices rose slightly on Tuesday, supported by instability in the Middle East as well as China's stimulus plans and data, although global growth concerns, US tariffs and Russia-Ukraine ceasefire talks curbed gains.
Brent futures ticked up 17 cents, or 0.2 per cent, to stand at $71.24 a barrel by 0350 GMT, while US West Texas Intermediate crude futures rose 14 cents, or 0.2 per cent, to $67.72 a barrel, as per a Reuters report.
"Along with US strikes on the Houthis in Yemen, several factors provided support to the market," ING analysts said in a research note.
"China unveiled plans to revive consumption, while Chinese retail sales and fixed asset investment growth came in stronger than expected."
The state council...
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