Oil prices end higher as traders monitor Middle East, Russian output and China

Oil futures ended higher Tuesday — a day after worries about China’s economy and other concerns sent crude prices falling, despite a significant escalation of Middle East tensions following a weekend drone attack that killed three U.S. troops in Jordan.

Price moves

Market drivers

“The spreading conflict in the Middle East remains the most visible and growing risk for energy markets,” analysts at J.P. Morgan wrote in note dated Tuesday.

“While…

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Oil prices end higher as traders monitor Middle East, Russian output and China

Price moves