U.S. Markets closed

Oil prices end higher as attention turns to tightening global supplies

Myra P. Saefong
Oil prices end higher as attention turns to tightening global supplies

Oil futures climb Tuesday, with U.S. prices posting their first gain in three sessions, as reductions in global production led by OPEC, as well as supply declines brought on by U.S. sanctions on Iran and Venezuela, continue to support the market.