Oil firms on US stimulus hopes, Asian demand recovery as economies reopen


By Naveen Thukral SINGAPORE (Reuters) - Crude oil gained more ground on Tuesday, with prices underpinned by expectations of U.S. stimulus and a rebound in Asian demand as economies reopen. Brent crude added 7 cents, or 0.2%, to $45.06 a barrel, as of 0027 GMT. West Texas Intermediate U.

S. crude rose 14 cents, or 0.3%, to $42.08 a barrel. "Crude oil gained amid signs of further stimulus measures," ANZ said in a note. "U.S. lawmakers continued negotiations on the massive virus relief economic package with Treasury.....

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