Oil extends gains on smaller-than-expected OPEC+ output hike


Oil prices extended gains on Tuesday as a smaller-than-expected November output hike by OPEC+ helped to ease some fears of a growing supply glut.

Brent crude futures advanced 19 cents, or 0.29%, to $65.66 a barrel by 0623 GMT. U.S. West Texas Intermediate crude climbed 19 cents, or 0.31%, to $61.88.

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