London — Crude oil prices rose on Tuesday, underpinned by expectations of a US stimulus to help jump-start the world's biggest oil consumer, a rebound in Asian demand as economies reopen and a stronger stock market.
US President Donald Trump tweeted that top congressional Democrats wanted to meet him on coronavirus-related economic relief. The talks between Democrats and the Trump administration broke down last week. China's factory deflation eased in July, driven by a rise in global oil prices and as industrial activity climbed back towards pre-coronavirus levels, adding to signs of recovery in the world's second-largest economy.
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