Oil prices edged higher on Wednesday, supported by expectations of steady demand from the U.S. and China—the world’s top oil consumers—amid signs of economic improvement. Brent crude futures climbed 0.42% to $69 per barrel, while U.S. West Texas Intermediate (WTI) crude rose 0.6% to $66.92. The gains were further bolstered by strong seasonal demand, especially in the U.S.
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