Brent tops $123/b as supply concerns prevail over demand curbs


Oil prices rose on Tuesday as tight global supply outweighed worries that fuel demand would be hit by a possible recession and fresh COVID-19 curbs in China.

Brent crude futures rose 93 cents, or 0.8%, to $123.20 a barrel at 1219 GMT, while U.S. West Texas Intermediate (WTI) crude rose 81...