Oil nudges higher as supply worries offset concerns about demand

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Oil nudges higher as supply worries offset concerns about demand
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Oil prices edged higher for a second consecutive session on Tuesday, as worries about political instability in Russia and potential supply disruptions counter-balanced concerns about global demand.Brent crude futures rose 6 cents to $74.24 a barrel, while U.S. West Texas Intermediate (WTI) futures gained

Oil prices edged higher for a second consecutive session on Tuesday, as worries about political instability in Russia and potential supply disruptions counter-balanced concerns about global demand.

A clash between Moscow and Russian mercenary group Wagner was averted on Saturday after the heavily armed mercenaries withdrew from the southern Russian city of Rostov under a deal that halted their rapid advance on the capital.

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