India, Nov. 23 -- Crude oil futures ended higher on Tuesday after Saudi Arabia said OPEC+ was sticking with output cuts and could take further steps to balance the market. Saudi Arabian Energy Minister Prince Abulaziz bin Salman had on Monday denied a report that the oil cartel was considering boosting output. He said that there was no basis for the reports and that the OPEC+ decision on October 5 to cut production would continue to remain until the end of 2023. Meanwhile, a weaker dollar contributed as well to the uptick in crude oil prices.

Benchmark crude oil futures for December delivery rose $1.14 or about 1.4 percent at $81.18 a barrel on the New York Mercantile Exchange. Brent crude for January delivery gained $1.08 or about 1.2 per...