UPDATE 9-Brent oil ends 5-day decline; China demand, Chavez support
Reuters
Brent crude broke a five-day losing streak on Tuesday, rising by more than 1 percent toward $112 a barrel on optimism over Chinese oil demand, record-high U.S. equities and North Sea supply disruptions. "China is targeting 7.5 percent growth and that could mean further economic stimulus there," said Matt Smith at Summit Energy in Louisville, Kentucky.
