Oil prices edged higher on Tuesday, trading near seven-year highs hit last week, as investors bet supplies will stay tight, with a limited production hike by major oil producers and a strong post-pandemic recovery in fuel demand.
Brent crude for April delivery was up 14 cents, or 0.2% at $89.40 a barrel at 0150 GMT. The front-month contract for March delivery expired on Monday at $91.21 a barrel, up 1.3%.
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