NEW YORK, Jan. 24 (Xinhua) -- Oil prices recovered Tuesday as market saw signs of global oil producers' compliance with an output cut deal.
The West Texas Intermediate for March Delivery added 0.43 dollars to settle at 53.18 dollars a barrel on the New York Mercantile Exchange, while Brent crude for March delivery increased 0.21 dollars to close at 55.44 dollars a barrel on the London ICE Futures Exchange. Enditem