Oil prices up on expected economic support in China, weaker US output.
Oil Prices climbed more than 1 percent on Tuesday after China said it will act to support economic growth in the world's biggest oil importer and on expectations the U.S. Federal Reserve will stop raising interest rates soon and a forecast decline in U.S. output.
Brent futures rose $1.13, or 1.4 percent, to settle at $79.63 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.60, or 2.2 percent, to settle...
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