Oil prices inch higher ahead of OPEC+ meeting to discuss supply cuts
Oil prices inched higher in early Asian trade on Tuesday, on expectations that OPEC+ may agree to a large cut in crude output when it meets on Wednesday but concerns about the global economy capped gains.
Brent crude futures rose 43 cents, or 0.5 per cent, to $89.29 per barrel after gaining more than 4 per cent in the previous session.
US crude futures rose by 22 cents, or 0.3 per cent, to $83.85 a barrel. The benchmark gained more than 5 per cent in the previous session, which marked its largest daily gain since May.
