Oil nudges higher after China opens borders, lifts fuel demand outlook ...Syria

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Oil nudges higher after China opens borders, lifts fuel demand outlook
Singapore, SANA- Oil prices edged up on Monday, a day after travelers streamed into China following a reopening of borders that lifted the fuel demand outlook and partly offset concerns of global recession. According to Reuters, Brent crude futures had risen 53 cents, or 0.7%, to $79.10 a barrel by 0114 GMT while U.S. West Texas Intermediate crude was at $74.23 a barrel, up 46 cents, or 0.6%. Both Brent and WTI tumbled more than 8% last week, their biggest weekly dives at the start of a year since 2016. Ruaa al-Jazaeri

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