Oil prices were higher on Tuesday as expectations of an extended period of OPEC-led output cuts overshadowed forecasts of rising US shale oil production.
In early European trade on Tuesday, benchmark Brent crude was up 0.55% to $62.55 a barrel, while Nymex West Texas Intermediate was 0.37% higher at $56.63 a barrel.
OPEC output curbs
The Organisation of the Petroleum Exporting Countries and a group of non-OPEC members that include Russia have curbed output since the start of the year in an effort to help rebalance supply and demand in the oil market.
Members of this alliance are now looking to unite again in extending production curbs beyond the March 2018 expiry of the deal.
OPEC members meet on 30 November and are expected to agree an extension to the curbs - although doubts remain about the commitment of some countries to continue the action.