Oil prices inched upwards in Asian trade on Tuesday as investors eyed a possible tightening of U.S. crude supplies, after sinking in the previous session on weaker-than-expected Chinese economic growth.
Brent crude was up 26 cents at $78.67 a barrel by 0450 GMT, while U.S. West Texas Intermediate crude rose 29 cents to $74.44 a barrel.
Both contracts fell more than 1.5% on Monday.
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