Oil up on expected U.S. oil stock drawdown, but China gloom tempers gain

INA-source
Oil prices were up in early trade on Tuesday ahead of data later expected to show a draw in U.S. crude oil and gasoline inventories, though persistent concerns over a slowdown in China’s economy limited the upside.
Brent crude

 was up 10 cents at $84.56 a barrel and U.S. West Texas Intermediate crude

 was trading 9 cents higher at $80.81 a barrel at 0101 GMT. WTI’s contract with September expiry
 was up 11 cents at $80.23 a barrel.
Source- cnbc