API reported an increase of 0.436 million barrels of crude oil inventories for the previous week ending April 16 while the U.S. Energy Information Administration (EIA) reported a rise of 0.6 million barrels.
Oil prices rose on Tuesday amid confidence in demand recovery despite surging COVID-19 cases in countries such as India.
The West Texas Intermediate for June delivery added 1.03 U.S. dollars to settle at 62.94 dollars a barrel on the New York Mercantile Exchange. Brent crude for June delivery increased 77 cents to close at 66.42 dollars a barrel on the London ICE Futures Exchange.
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