Oil prices were little changed on Tuesday as the impact from expectations of an extended OPEC-led production cut was canceled out by rising output in the United States. Brent crude futures LCOc1, the international benchmark for oil prices, were at $62.20 per barrel at 0301 GMT, 8 cents above their last close. Sponsored U.S. West Texas Intermediate (WTI) crude futures were at $56.50 a barrel, also up 8 cent from their last settlement. Traders said they were avoiding taking on large new positions due to uncertainty in markets. The Organization of the Petroleum Exporting Countries (OPEC), together with a group of non-OPEC producers led by Russia, has been restraining output since the start of this year in a bid to end a global supply overhang and buoy prices. The deal […]