Tokyo — Oil prices rose on Thursday as investors banked on more economic stimulus by China after weak purchasing managers’ index (PMI) data, partly recovering from losses in the previous session on a surprise build in US crude stocks.
Brent crude futures were up 24 cents, or 0.4%, at $60.85 a barrel by 2.21am GMT, having fallen earlier in the session. They dropped 1.6% on Wednesday...
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