FXStreet (Córdoba) - Oil prices staged a nice recovery on Tuesday a day after WTI fell below $34.00 a barrel and Brent posted a fresh 11-year low. WTI crude for february delivery rose more than 2% to a high of $36.54 a barrel before easing to $36.40. Meanwhile Brent was hovering around $36.50 a barrel, having hit a decade low of $36.04 the precious day. Despite today’s bounce, both benchmarks remain near multi-year lows and lingering concerns of a global supply glut keep the upside limited. For more information, read our latest forex news.