Crude oil prices rose on Tuesday as the dollar eased slightly, but with OPEC widely expected to stick to its output target this week, concern about oversupply remained in focus. The European Central Bank is set to announce its latest policy decision on Thursday, OPEC's decision on output is due on Friday along with U.S. monthly jobs numbers, meaning oil prices have been hemmed into a range of no more than $4 for the last week. Towards the end of the week, we have the ECB, the (jobs) number and the OPEC meeting, so that is going to really set the outlook for the first quarter (of 2016)," said Olivier Jakob, an analyst at consultant Petromatrix.
