Reuters | Oil prices hit highest since October in anticipation of OPEC-led output cu... Reuters International Brent crude oil futures rose as high as $49.63 a barrel on Tuesday, up 1.5 percent from the last settlement and the highest since Oct. 31, before dipping back to $49.22 per barrel at 0735 GMT, still up 32 cents, or 0.65 percent. U.S. West ... US crude settles up 3.9% at $47.49 ahead of OPEC decision on output Oil at 3-week high as Russia's Putin feeds expectations for OPEC output deal Asian shares gain, lifted by oil price rally on Wall Street |