Crude oil prices rose on Tuesday amid concern over supply.

New York's main contract, light sweet crude for delivery in January, rose 67 cents to close at 60.99 dollars per barrel.

In London, Brent North Sea crude for January gained 77 cents to61.21 dollars per barrel.

Traders are now less skeptical of the OPEC's promises to cut production enough to curb the current slide in price. The cartel announced a deal on late October to cut its oil output by 1.2 million barrels per day from Nov. 1.

Saudi Arabian Oil Minister Ali al-Nuaimi hinted over the weekend the possibility of further cuts to support the price, which has declined more than 20 percent since mid-July.

Meanwhile, the forecasters said that northeast United States, the world's largest consumer of heating fuel, would meet below-normal temperatures from this weekend through next week. The lower temperatures could weaken the distillate stockpiles and boost the fuel prices.