Oil prices rose around 2 percent on Tuesday to move away from multi-month lows struck the day before, pushed higher by expectations of falling shale output and renewed optimism that OPEC will deliver on touted production cuts. U.S. crude futures for December delivery CLc1 had climbed 90 cents, or 2.1 percent, to $44.22 a barrel by 0746 GMT. They struck their lowest in nearly two months the session before. January Brent futures LCOc1 were up 71 cents, or 1.6 percent, at $45.14 per barrel. Prices were buoyed by expectations that U.S. shale oil production will in December fall to its lowest since April 2014 at 4.5 million barrels per day (bpd). “News of Qatar, Algeria and […]