U.S. oil prices rose on Tuesday as the gradual restart of refineries in the Gulf of Mexico that were shut by Hurricane Harvey raised demand for crude, their main feedstock.
The return of many U.S. refineries also ended a spike in gasoline prices, as initial fears of a serious supply crunch faded.
U.S. West Texas Intermediate (WTI) crude futures were at $47.55 barrel at 0656 GMT, up 26 cents, or 0.55 percent, from their last settlement.
Gasoline futures, by contrast, fell 4 percent from their last close, to $1.68 per gallon, down from $2.17 a gallon on Aug. 31 and back to levels last seen before Hurricane Harvey hit the U.S. Gulf coast and its large refining industry.
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