Singapore — Oil prices rose on Tuesday as a weaker US dollar supported commodities and on expectations that crude inventories fell in the US, the world’s biggest oil user, though rising coronavirus cases in Asia capped gains.

Brent crude futures for June delivery rose by 54c, or 0.8%, to $67.59 a barrel at 4.15am GMT...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.