London — Oil prices edged higher on Tuesday, helped by positive news about vaccine trials and an EU stimulus deal, but gains were capped by fears that new lockdowns could derail a recovery in demand.

Benchmark Brent crude was up 31 US cents at $43.59 by 7.43am GMT, while West Texas Intermediate (WTI) gained 19c to $41.00. The closing prices of both have traded within a $2 channel so far in July...

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