Oil prices climbed Tuesday, with global benchmark Brent crude notching another settlement at a more than two-year high and U.S. benchmark West Texas Intermediate crude ending the month with a 4.7% gain. Expectations that oil producers will extend their production-cut deal through next year have provided support for prices. Traders are also looking ahead to data on U.S. crude supplies, which are expected to show a decline for last week. December WTI crude rose 23 cents, or 0.4%, to settle at $54.38 a barrel on the New York Mercantile Exchange. On its expiration day, December Brent added 47 cents, or 0.8%, to end at $61.37 a barrel on ICE Futures Europe, with the contract up about 8% for the month.
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