WTI crude oil futures are holding on to recent gains as the Organization of Petroleum Exporting Countries and its allies (OPEC+) agreed on a pause in early November, slowing a push to regain market share amid worries of a supply glut. Moreover, renewed geopolitical tensions are also adding to upside in the commodity. Al eyes are on the release of the American Petroleum Institute (API) crude oil stockpiles report later on Tuesday. The counter currently holds at 59.41 per barrel, up 0.15% on the day.

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