NEW YORK — Oil prices edged higher on Tuesday as the U.S. government forecast higher fuel demand and lower production, overshadowing concerns that a surge in new coronavirus cases will hamper a demand recovery. “The market is popping because of the higher forecast demand, and jobs data,” said Phil Flynn, senior analyst at Price Futures Group in Chicago. Brent crude futures rose by 30 cents, or 0.7%, to $43.41,...
Full ArticleOil rises as economic data overshadows coronavirus worries
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