Both benchmarks gained around 0.7 per cent on Tuesday after losing more than 5 per cent in the previous session.
Oil prices steadied on Tuesday after a heavy sell-off, with Brent crude recovering to $84.39 per barrel and WTI climbing to $80.95. Both benchmarks gained around 0.7 per cent, partially reversing losses of 5 to 7 per cent from the previous session.
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Oil prices edged higher on Tuesday, partially recovering from steep losses in the prior session.
Brent crude futures rose 62 cents, or 0.7 per cent, to $84.39 per barrel at 00:55 GMT, having shed 7 per cent in the previous session to their lowest level in three weeks. West Texas Intermediate climbed 61 cents, or 0.7 per cent, to $80.95 per barrel, after falling more than 5 per cent to a roughly one-week low.
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