Brent crude climbed $3.57, or 5.5 percent, to end the session at $68.75 a barrel after touching its lowest since May 21 at $64.60 during the session.
US West Texas Intermediate (WTI) crude for October delivery rose $3.50, or 5.6 percent, to settle at $65.64.
Other oil news:
Oil prices rose on Tuesday after the U.S. drug regulator granted full approval to the Pfizer Inc/BioNTech SE COVID-19 vaccine, stoking investor hopes that higher fuel demand would follow a potential step up in US coronavirus vaccination rates.
A massive fire broke out at one of the oil platforms in the Gulf of Mexico. The Mexican oil company said Monday that the fire caused the shutdown of 125 wells in the field, which will reduce Mexico's daily output of oil equivalents by 421,000 barrels per day.
