Oil prices were little changed in choppy trade on Tuesday as investors digested OPEC+ plans to cut more production on the back of weak economic data from the U.S. and China that may lead to cooling oil demand. Brent crude and WTI had jumped by more than six percent on Monday after OPEC+ jolted markets with an announcement of voluntary production cuts of 1.66 million barrels per day from May until the end of 2023. U.S. West Texas Intermediate (WTI) crude futures closed up +29 cents, or 0.4% higher closing at $80.71 per barrel. Brent crude futures settled one cent higher closing at US$84.94 per barrel.