NEW YORK: Oil prices rose to multi-month highs for the second straight session on Tuesday as traders assessed how Ukraine's recent attacks on Russian refineries would affect global petroleum supplies.

US West Texas Intermediate crude futures gained 75 cents, or 0.9%, to settle at US$83.47 a barrel, the highest since Oct. 27. Global benchmark Brent crude settled 0.6% higher at US$87.38 a barrel, the highest since Oct. 31.