Oil Prices Rise

Singapore: Oil prices rose on Tuesday with Brent futures for June delivery rising 46 cents, or 0.5%, to $90.56 a barrel.

US crude futures for May delivery rose 43 cents, or 0.5%, to $85.84 a barrel.

The benchmarks rose on the back of solid economic growth in China, the world’s biggest oil importer. Official gross domestic product grew 5.3% in the first quarter, year-on-year, government data showed.

Source: Qatar News Agency