Oil Prices Rise Ahead of OPEC+ Meeting on Strong Demand

Storage tanks are seen at the Petroineos Ineos petrol refinery in Lavera, France, on March 29, 2022. Benoit Tessier/Reuters

LONDON—Oil prices rose on Tuesday on strong demand, while upcoming sanctions on Russian oil also lent some support to prices.

Brent crude was up 79 cents, or 0.9 percent, to $89.65 per barrel by 1054 GMT after gaining more than 4 percent the previous day.