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Gulf Today Report 

Oil prices bounce back on Tuesday amid worries surrounding fuel demand in Indian as coronavirus cases continue to surge.

Brent crude was up 40 cents, or 0.6%, at $66.05 a barrel by 06:58 GMT while US oil gained 40 cents, or 0.7%, to $62.31, having declined by 0.4% in the previous session.

As cases continue to surge in India, the Organization of the Petroleum Exporting Countries and allies (OPEC+) would be discussing production policy later in the week.

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According to Avtar Sandu, senior manager of commodities at Phillip Futures in Singapore, traders are cautious of OPEC+ Ministerial meeting.

"The big question is whether OPEC+ feels that the situation is bad enough to alter its planned production easing from 1 May," ING Economics analysts said in a note.

"We still expect that the group will announce no changes to its plan when they meet tomorrow."