Oil steadies

Singapore :Oil prices were little changed on Tuesday as the impact from expectations of an extended OPEC-led production cut was cancelled out by rising output in the US.
Brent crude futures, the international benchmark for oil prices, were at $62.20 per barrel at 0301 GMT, 8 cents above their last close.
U.S. West Texas Intermediate (WTI) crude futures were at $56.50 a barrel, also up 8 cent from their last settlement. Traders said they were avoiding taking on large new positions due to uncertainty in markets.
The Organization of the Petroleum Exporting Countries (OPEC), together with a group of non-OPEC producers led by Russia, has been restraining output since the start of this year in a bid to end a global supply overhang and buoy prices.
The deal to curb output is due to expire in March 2018, but OPEC will meet on Nov. 30 to discuss the outlook for the policy.