SINGAPORE -Oil prices rose on Tuesday on expectations that inventories in the U.S., the world's biggest crude consumer, are expected to fall and on signs that demand in emerging markets remains healthy. Crude futures likely received a boost from gains in Asian equity markets as regional central banks are expected to keep their interest rates steady. Signs of strong fuel demand in India, the world's third-biggest oil consumer, in March also supported prices. Last month, fuel consumption jumped by 5 percent from a year earlier to a record 4.

https://business.inquirer.net/395313/oil-rises-as-us-stockpiles-may-drop-demand-signs-stay-strong

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