Tuesday saw little movement in oil futures as generally weaker-than-anticipated news from China clouded the outlook for demand from the largest crude importer of the world and U.S. efforts to replenish its Strategic Petroleum Reserve shored up prices.

Prices rose earlier in the morning as a result of supply concerns resulting from the Canadian wildfires.

Brent crude futures advanced by 0.1% to $75.24 per barrel, meanwhile West Texas Intermediate crude edged up by 0.01% at $71.1 per barrel.

On Monday, both benchmarks increased by more than 1%, snapping a 3-session losing trend.

Later in the afternoon, oil prices were pressured as data from China suggested that the world's No. 2 economy lost pace at the beginning of the second quarter. The data showed that industrial output and retail sales growth in April fell short of predictions.

On the supply side, massive fires in Alberta, Canada, shut down at least 319,000 barrels of oil equivalent per day, or 3.7% of the country's production, and at one time displaced more than 30,000 people from their homes.