Oil prices rose for a second day Tuesday morning, supported by the smallest monthly production quota hike by the Organization of Petroleum Exporting Countries since the group started to unwind output curtailments.

Oil prices ended slightly higher on Monday, following a morning rebound sparked by OPEC+ agreeing to its smallest monthly output increase since the group began easing production cuts.

Oil prices rose Monday morning following members of the Organization of Petroleum Exporting Countries agreeing to the smallest monthly output hike since the group started unwinding production cuts.

Oil futures slid for a third consecutive trading day Friday, pressured by weaker U.S. employment data, a build in crude and distillate inventories, and a higher North American rig count, as traders turned their focus to Sunday's OPEC meeting.

Oil prices slid for a third consecutive trading day Friday morning, ahead of an OPEC meeting Sept. 7 in which further production increases will reportedly be considered.

Oil prices fell Thursday following U.S. inventory data showing a rise in crude oil stocks and a report of higher-than-expected unemployment claims.

Oil prices continued to slide Thursday morning, extending the sell-off triggered by reports that the Organization of Petroleum Exporting Countries and its partners will be considering another round of production hikes at their next meeting this Sunday, Sept. 7.