Oil prices climb, eyeing highest settlement since November as U.S. inflation report looms
Oil futures traded higher early Tuesday, leaving the front-month contract within striking distance of its highest settlement level since November as investors awaited more U.S. inflation data and a European central bank decision on interest rates this week. Price action The front-month October West Texas intermediate contract CL.1, +1.26% CLV23, +1.26% rose 80 cents, or…