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Oil prices climbed on Tuesday, paring losses from the previous session, as markets broadly rose on growing confidence in a global recovery with pandemic lockdowns easing. WTI crude futures rose 1.3%, to $38.69 after dropping by $1.36 on Monday. Brent crude futures rose 1.4%, to $41.36 a barrel. The benchmark contract fell $1.50 on Monday, snapping a seven-day streak of gains.