Oil prices made only modest moves on Tuesday, settling roughly unchanged for the session, as traders weighed uncertainty surrounding a supply decision by OPEC and its allies and awaited a report that’s expected to reveal a modest, second straight weekly rise in U.S. crude supplies.

West Texas Intermediate crude for July delivery on the New York Mercantile Exchange rose by one cent, or 0.02%, to settle at $53.27 a barrel, while August Brent crude settled unchanged at $62.29 a barrel on ICE Futures Europe.

In other energy trading, July gasoline rose 1.5% to $1.756 a gallon, while July heating oil rose 0.9% to $1.822 a gallon.

Source: marketwatch