Oil markets gained on Tuesday, bouncing back from losses in the previous session, on expectations that U.S. crude supplies fell last week. Light, sweet crude for January delivery settled up $1.04, or 2.9%, to $37.35 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, rose 53 cents, or 1.4%, to $38.45 a barrel on ICE Futures Europe. The January Brent contract expires at settlement Wednesday. The more-actively traded February contract rose 57 cents, or 1.5%, to $38.73 a barrel. Both benchmarks fell to their lowest intraday level since the financial crisis on Monday. The latest drop in oil prices has exacerbated concerns about the global economy, as equity and bond markets have stumbled on worries about suffering energy producers. More than a year after a global glut of crude sent prices tumbling to multiyear lows, oil supplies continue to outpace demand and prices are widely expected […]