Oil prices steadied on Tuesday after falling in the previous session as a U.S. plan to boost crude strategic reserves provided little support amid broader concerns about weaker future demand growth.
Brent crude futures rose three cents to $71.45 a barrel, while U.S. West Texas Intermediate crude rose seven cents to $67.45.
Benchmark crude futures fell 6 percent on Monday, hitting their lowest since Oct. 1, after Israel's retaliatory strike on Iran over the weekend did not damage Tehran's oil infrastructure.
