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Oil Prices Gain on Upbeat China Data

Doha: Oil prices rose during Tuesday's trading, supported by Chinese economic data that boosted expectations of improved demand. Brent crude futures climbed 19 cents, or 0.3 percent, to $64.13 a barrel, while US West Texas Intermediate (WTI) crude futures for February - which expire today, Tuesday - rose 25 cents, or 0.4 percent.

According to Qatar News Agency, the more actively traded WTI March contract edged up 0.08 cents, or 0.13 percent, to $59.42 a barrel.

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