Global oil prices rose on Tuesday morning after the previous day's decline.
Report informs citing trading data that Brent oil futures with the settlement in September rose 0.33% to $78.77 per barrel, while September futures for WTI increased by 0.38% to $74.36.
Markets are evaluating key macroeconomic data from China, one of the world's largest oil importers and consumers. Thus, the country's GDP in the second quarter of this year grew by 6.3% in annual terms after growing by 4.5% in the first quarter. Analysts predicted an increase in the indicator to 7.3%.