تجزیہاسٹاکسOil firms on China growth hopes

Oil firms on China growth hopes

SINGAPORE, Feb 28 (Reuters) – Oil prices rose in Asian trade on Tuesday, supported by hopes a solid economic rebound in China will drive up fuel demand, offsetting worries about further U.S. interest rate hikes dragging on consumption in the world’s biggest economy.

Brent crude futures for April , due to expire on Tuesday, were up by 39 cents to $82.84 per barrel by 0718 GMT. The more active May contract rose 63 cents to $82.67 per barrel.

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