Oil Inches Higher as Investors Eye US Crude Supplies

Oil Inches Higher as Investors Eye US Crude Supplies
A Marathon Oil well site is seen in Texas on May 18, 2020. Jennifer Hiller/Reuters
Reuters
Updated:
0:00

LONDON—Oil prices edged higher on Tuesday as investors weighed a possible tightening of U.S. crude supplies against weaker-than-expected Chinese economic growth.

Both contracts fell more than 1.5 percent on Monday, following lacklustre Chinese data and the partial restart of some Libyan oilfields.