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<Commodity>Oil Prices Hike Slightly on Concerns Over Geopolitical Impact on Supply
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Oil prices initially rebounded on Tuesday due to concerns over supply disruptions exacerbated by Ukraine's attack on Russian ships and docks, offsetting the potential sale of Venezuelan crude oil seized by the US.

New York oil futures for February delivery added US$0.46 or 0.8% to US$58.47.

Related NewsIndustrial Production YoY for Nov in United States is 2.5%, higher than the previous value of 2.2%.
Brent oil futures for February delivery picked up US$0.4 or 0.6% to US$62.48.
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