Oil prices climbed Tuesday following the decision of OPEC+ to go ahead with its plans to increase oil output from May even as demand concerns due to a big spike in COVID-19 cases in India, the world’s third largest oil consumer, linger. Brent was trading at $66.01 a barrel, up by $0.36 or 0.5% at 7:45 UAE time on Tuesday, while WTI crude was at $62.40, up by $0.49 or 0.80%.
