Mubasher: Oil prices rose on Tuesday, as Nymex crude went up 0.1% to settle at $57.53 per barrel, after ending the last three sessions in decline.
Investors are expecting a decrease in oil supplies, after the extension of the OPEC-led output curb by 1.8 million barrel per day until the end of 2018.
The agreement aims at reducing the risk of an oversupply, as the oil market is rebalancing.
