Brent futures find a bid after report of compromise OPEC-Russia deal
Crude oil futures found a bid in late trading on Tuesday following reports of a compromise deal between the Organisation of Petroleum Exporting Countries and Russia.
As of 1545 GMT, front dated Brent crude oil futures were trading 3.43% higher to $52.84 a barrel on the ICE, alongside a 4.2% jump in similarly-dated West Texas Intermediate to $49.59.
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