Oil prices rose on Tuesday, steadying after falling more than $2 a barrel in the previous session on reports of a potential ceasefire between Israel and Lebanon's Hezbollah. Brent crude futures were up 53 cents,

Oil prices ticked up in early trade on Tuesday after falling in the previous session as investors took stock of a potential ceasefire between Israel and Hezbollah, weighing on oil's risk premium. Brent crude futures rose 29 cents,

Oil prices declined over USD2 a barrel on Monday following several reports that Israel and Lebanon had approved to the policies of an agreement to fi

Israel and Hezbollah were close to signing a ceasefire agreement to end hostilities in Lebanon, Axios reported on Sunday, citing Israeli and U.S. officials. Israel daily The Times of Israel also reported that Prime Minister Benjamin Netanyahu was holding high-levels talks over the deal, which was brokered by U.S. officials.

Oil prices fell more than $2 a barrel on Monday after multiple reports that Israel and Lebanon had agreed to the terms of a deal to end the Israel-Hezbollah conflict, citing unnamed senior U.S. officials.

Oil futures rose Tuesday, taking back some of the ground lost in the previous session when investors reacted to reports Israel and Iran-backed Hezbollah were moving close to a cease-fire.

Crude oil futures drop as Israel and Lebanon near a ceasefire deal to end the Israel-Hezbollah conflict, with traders also eyeing OPEC+ decision.

Oil prices rose on Tuesday after falling more than $2 a barrel in the previous session as investors took stock of a potential ceasefire between Israel and Lebanon's Hezbollah, which had weighed on oil's risk premium.