Crude eyed higher Tuesday
Crude oil was trading higher on NYMEX Tuesday. Dealer sentiment indicates prices could trade range bound to higher for the day, after more oil workers went on strike in Norway, supporting a market that has been dominated by oversupply issues in recent days. Crude oil prices slumped more than 4 per cent on Monday, with Brent reaching a three-month low, as Libyan ports reopened and traders eyed potential supply increases by Russia and other producers.