Oil Rises but Weak China Data Caps Prices

Oil Rises but Weak China Data Caps Prices
Oil pours out of a spout from the original 1859 well that launched the modern petroleum industry at the Drake Well Museum and Park in Titusville, Pa., on Oct. 5, 2017. Brendan McDermid/Reuters
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London—Oil prices edged up on Tuesday helped by a drop in eurozone inflation but were pinned below $90 a barrel on weak Chinese economic data and as the conflict in the Middle East remained contained.

December Brent crude futures, were 85 cents, or 0.97 percent, higher at $88.30 a barrel by 1136 GMT ahead of their expiry later on Tuesday.