Oil rises to three weeks highs as China reduces COVID curbs
Oil rises to three weeks highs as China reduces COVID curbs. Brent crude rose 22 cents or 0.3 percent, at $84.14 at 911 GMT in the U.S. U.S. West Texas Intermediate crude climbed 7 cents to $79.63. The price of oil hit a three-week peak on Tuesday, as China's recent ease in COVID-19 restrictions boosted the hope of a fuel demand growth, with additional assistance coming from reductions on U.S. energy production caused by winter storms. China will no longer require new travelers to undergo quarantine beginning on Jan. 8th The National Health Commission said on Monday in a major…