Oil prices rose on Tuesday, lifted by indications that supply may be tightening gradually, especially in the United States.
Benchmark Brent crude oil LCOc1 was up 20 cents at $51.86 a barrel by 0930 GMT. U.S. light crude CLc1 was 15 cents higher at $47.52.
“U.S. crude oil stocks have been falling consistently in recent weeks,” said Fawad Razaqzada, market analyst at futures brokerage Forex.com.