Oil rose above $64 a barrel on Tuesday as OPEC supply cuts and Middle East tensions outweighed the U.S.-China trade dispute that is dragging on the global economy and oil demand.
OPEC and its allies last week agreed to extend their supply-cutting deal until March 2020. Brent has risen almost 20 percent in 2019 supported by the pact and also tensions in the Middle East, especially concerns about Iran’s nuclear program
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