Oil creeps up as MidEast tensions flare, but gains capped by glum demand outlook
July 23, 2019 at 02:01 AM EDT
Oil prices edged higher on Tuesday amid lingering concerns about possible supply disruptions in the Middle East, but an overall weaker demand outlook kept a lid on gains, helped by a vow by the International Energy Agency (IEA) to take swift action to keep global oil markets adequately supplied.