SINGAPORE: Oil prices rebounded in Asia on Tuesday after falling steeply in the previous session owing to weak Chinese and US manufacturing and continued worries about the global supply glut, analysts said.

US benchmark West Texas Intermediate (WTI) for September delivery rose 54 cents to $45.71 while Brent crude for September was up 44 cents to $49.96 in afternoon trade.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details