Oil prices rise, Brent reaches $105.25 per barrel

Oil prices rose in early Asian trading on Tuesday.

Brent crude futures gained 48 cents, or 0.5 percent, to US$105.25 a barrel by 01:04 GMT, while US West Texas Intermediate (WTI) crude futures rose 47 cents, or 0.5 percent, to US$96.93 a barrel.

Brent crude futures had settled US$8.66, or 7.63 percent, lower at US$104.77 a barrel in the previous session.