Oil Rises, But In­vestors See Glut Prospects

The Economic Times - - Commodities Plus -

Oil prices rose on Tues­day, boosted by ex­pec­ta­tions that de­mand could grow quickly enough to match sup­ply this year, although con­cern over a po­ten­tial bat­tle for mar­ket share be­tween Saudi Ara­bia and Iran limited gains. Front-month Brent crude fu­tures were up by 74 cents at $45.22 a bar­rel.

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