SINGAPORE (Reuters) – Oil gained on Tuesday as producer club OPEC agreed to extend supply cuts until next March, although prices were pressured by worries demand could ease amid hints of a slowdown in the global economy.
Brent crude futures for September delivery were trading up 17 cents, or 0.3%, at $65.23 a barrel by 0706 GMT, after earlier falling to $64.66.
U.S. crude futures for August were up 9 cents at $59.18 a barrel, after touching their highest in over five weeks on Monday
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