The global benchmark crude traded at a premium of $5.99 to WTI for December.
Analysts forecast USA crude inventories declined by about 4.2 million barrels in the week to October 13.
US crude rose 0.82 percent to $51.87 per barrel and Brent was last at $57.86, up 1.21 percent on the day.
"In the case of Iran, there are likely no immediate impacts on oil flows and there remains high uncertainty on potential reintroduction of United States secondary sanctions". For 2018, The EIA forecasts crude prices around $50.57, up 2% from the previous outlook and production to increase 0.8% to 9.92 million barrels a day.
U.S. West Texas Intermediate (WTI) crude futures were at $51.78 per barrel, down slightly from their last settlement, but still over 2 percent higher than last Friday and nearly a quarter above mid-June levels.
Escalating tensions between Iraq's central government and the semi-autonomous Kurdish region have boosted crude prices in recent days, amid concerns the conflict could crimp exports from the area.
Conflict would hit oil exports from Iraqi Kurdistan, now estimated at around 650,000 barrels per day.
After Iraqi government forces captured the major Kurdish-held oil city of Kirkuk on Monday in a response to Kurdish independence referendum, which increased concerns about oil supply, the oil prices held near their highest levels in nearly three weeks.
"It remains to be seen whether the Kurds, after withdrawing from the region they claim to be entitled to, will allow crude oil to be transported by pipeline across their territory to the Turkish Mediterranean port of Ceyhan", said analysts at Commerzbank. With supply cuts led by the Organization of the Petroleum Exporting Countries tightening the market, analysts have been raising their oil price forecasts.
Initial estimates Tuesday from the American Petroleum Institute, an industry group, showed a 7.1 million barrel decrease in crude supplies last week.
Crude oil inventories matter for traders watching the supply-side pressures that pushed oil prices below $30 per barrel past year fade away.
OPEC producers have struggled to maintain caps on their output quotas, and Iran has said it supports an extension of the current production cut deal to the end of next year.
The euro slumped 0.2 percent to $1.1798, while the dollar index rose 0.16 percent as investors repositioned following disappointing inflation data on Friday that sent the greenback lower. "These issues remind us oil and geopolitics are very much interlinked and it will remain so".
Officials said Prince, who has a criminal history, fled the scene in a black 2008 GMC Acadia with DE plates PC64273. A Harford County District Court judge denied the order, saying the case didn't meet the required burden of proof.
He stated in a note to MacRumors that the 2018 iPad Pro will probably come with a TrueDepth camera and the FaceID feature. Apple is likely to bring its Face ID facial recognition technology to the next iPad Pro , according to reports on Monday.
Lighthizer said he has see no sign that Mexico and Canada are ready to make the major changes needed to the update pact. Canada and Mexico will reject the US's latest proposals for NAFTA but offer to continue negotiating, CNBC reported.
And more trusting parents can elect to sidestep the per-item approval process and simply set an overall maximum budget. On this page, there's now a new option to add a teen, as well as configure the settings associated with their account.
The European Union, too, announced new restrictions on Pyongyang for developing nuclear weapons and ballistic missiles. President Donald Trump's visit to Japan, slated to begin from November 5 among other matters, informed sources said.
Representatives for MGM, which produced the film, and Coogler have not yet responded to Vanity Fair's request for comment. Creed 2 may well sneak into cinemas by the end of next year too, with production set to begin in February 2018.
Having deferred on the opening coin toss, the Patriots were set up to receive the football to open the second half. Gostkowski was wide right on a 47-yard attempt in the second quarter - his first miss after making 12 straight.
CNN host Jake Tapper repeatedly asked him about the allegation, but Tillerson insisted he would not play "games" by answering. Tillerson says in a television interview that Trump "has made clear to me that he wants this solved diplomatically".
The Reagan administration quit the organization in the 1980's, and the USA rejoined it only two decades later, under the George W. As for whether UNESCO members will change their stance on Palestine or make do without the USA , we'll find out in coming months.
LEGO Ideas Women of NASA launches this November
Lego is honoring the women of Hidden Figures while releasing its latest product created to foster interest in STEM careers. The set features four women who all worked with NASA in various roles, like astronaut, developer and astronomer.
Ford Recalls 1.3 Million F-150s in North America
The affected models include some of the model year 2015, 2016 and 2017 F-150's, as well as some 2017 Super Duty pickups. The F-Series pickups are huge profit drivers for Ford and are usually the best-selling vehicles in the U.S. every year.
PAK vs SL: Babar, Shadab steer Pakistan to win
Hafeez had been omitted from the squad that played Pakistan's previous T20I assignment: the home series against the World XI. Pakistan vs Sri Lanka 3rd ODI will begin at 4:30 PM IST (1100 hrs GMT) since it is a day-night fixture.
Samsung launches NB-IoT GPS smart tag
Samsung made it waterproof and dustproof along with a reliable battery backup that it can last for a week on a single charging. The device comes with a geo-fence feature that will notify the user's chosen smart devices when he or she approaches.
Building Collapse in Southern India Reportedly Kills Six People
The deceased have been identified as Kalavati (69), Ravi Chandra (48), Hari Prasad (19), Pavan Kalyan (18), Ashwini, and Saravana. Two others, Hariprasad and Kalyani were severely injured in the mishap and they were rescued and taken to a private hospital.
Facebook now adds direct food-ordering feature
If that restaurant is tied with the delivery service that Facebook has partnered with, you will be allowed to choose the service. On Friday, Facebook formally launched its new feature allowing users to order food from area restaurants using the app.
Arvind Kejriwal's stolen Blue Wagon R auto recovered
Following this, police officials have started circulating the pictures of the accused in the different areas in Delhi. The vehicle was registered in AAP's name and was being used by party's media coordinator Vandana Singh.