Brent crude futures settled US$1.10, or 1.72%, higher to US$65.16 a barrel. US West Texas Intermediate crude climbed 91 cents, or 1.51%, to settle at US$61.04 a barrel.
NEW YORK: Oil prices gained about US$1 on Tuesday on the impact of the latest US sanctions on Russian oil and the optimism over a potential end to the US government shutdown, although oversupply concerns limited gains.
Brent crude futures settled US$1.10, or 1.72%, higher to US$65.16 a barrel. US West Texas Intermediate crude climbed 91 cents, or 1.51%, to settle at US$61.04 a barrel.
