Oil gains on U.S. stimulus hopes and demand recovery

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On Tuesday, Crude prices rose underpinned by expectations of U.S. economic stimulus to support the world’s biggest oil consumer, as well as a rebound in Asian demand as economies, pick up.

Brent crude LCOc1 futures rose 22 cents to $45.21 a barrel by (1543 GMT). U.S. West Texas Intermediate (WTI) crude CLc1 futures rose 32 cents to $42.26 a barrel.

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