Dhaka, April 8 -- Oil prices rose more than 1.0 per cent on Tuesday, rebounding after a hefty selloff in recent sessions led by concerns that US tariffs might depress demand and lead to a global recession.

Brent futures were up 81 cents, or 1.26 per cent, at $65.02 per barrel, while US West Texas Intermediate crude futures rose 92 cents, or 1.52 per cent, to $61.61, at 0051 GMT.

On Monday, oil prices slid 2.0 per cent, nearing a four-year low, due to fears that US President Donald Trump's latest trade tariffs could thrust global economies into recession and diminish energy demand. Markets, however, anticipate a potential limit to the downward trajectory of oil prices, reports Reuters.

Trump maintains that the tariffs - a minimum of 10 ...