Crude oil prices made minor gains in Asia and Europe on Tuesday, but they remain far from recovering the sharp declines seen in the previous session.

Central Banks’ Monetary Policy Decisions Awaited as Market Digests Expectations
The next two days hold significant monetary policy announcements from both the Federal Reserve (Fed) and the European Central Bank (ECB)

The U.S. dollar displayed a modest strengthening on Monday, indicated by the rise of the DXY index, thanks to higher U.S. Treasury yields. Towards the end of the afternoon trading session, the greenback gauge recorded a 0.15% increase, reaching 103.75.