Oil prices rose Tuesday as markets focused on rising Chinese demand and potential supply tightness in Europe this winter while geopolitical tensions in Syria eased. Support came from reports that China plans to "appropriately loose" monetary policy in 2025 to spur growth, marking its first policy easing in 14 years. Chinese crude imports grew annually for the first time in seven months, though analysts noted stockpiling, not demand, drove the increase. Syria's regime change drew minimal oil market reaction, as the Middle East's geopolitical risks appeared contained.
