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Oil prices gained in the international market on Tuesday, as new bargain hunters emerged to take advantage of the sharp falls due to the coronavirus pandemic and the oil price war. Brent crude jumped 1.8%, to $30.60 a barrel. US WTI crude rose 3.7%, to $29.76 a barrel. Stephen Innes, the Chief Markets Strategist at AxiCorp, said, “Presumably, the market is getting supported by physical bargain hunters and short covering,”.
