crude oil futures rebounded from six-and-half-year lows on Tuesday, after China's central bank cut interest rates, as Beijing steps up efforts to boost economic growth and halt a stock market rout.
Chinese equities have lost nearly 30% over the past two weeks amid growing fears over slowing growth.
The Asian nation is the world's second largest oil consumer after the U.S. Brent oil jumped 3%, to trade at $43.97 a barrel, while U.S. crude rose 3.41%, to $39.55.