Reuters | Oil rises on record Chinese demand, oversupply caps gains Reuters LONDON Oil prices rose more than 3 percent on Tuesday as data showed Chinese oil demand likely hit a record high in 2015, but contracts remained below $30 a barrel as the IEA said the market should stay oversupplied this year. Brent crude futures, the ... Iran Set to Pump More Oil Into Market Glut UAE Minister: Iran Can Pump Oil if It Wants, But It Will Worsen Global Glut Europe closes under pressure as oil weighs, Adidas jumps |