Oil prices gained on Tuesday morning in Asia as it is widely expected that OPEC will cut its output as Russia and Saudi Arabia vowed to manage global glut.
Crude Oil WTI Futures for January delivery rose 1.1% to $53.53 a barrel at 10:19 PM ET (02:19 GMT) on the New York Mercantile Exchange, while Brent Oil Futures for February delivery edged up 0.74% to $62.26 per barrel on London’s Intercontinental Exchange.
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