Oil erased its early losses and closed higher Tuesday, with some traders expecting a bullish U.S. inventory report Wednesday that could halt a recent price slide. Light, sweet crude for July delivery added 77 cents, or 1.2%, to $65.52 a barrel on the New York Mercantile Exchange, ending a three-session losing streak after closing at its lowest level in nearly two months on Monday. Brent crude, the global benchmark added 9 cents, or 0.1%, to $75.38 a barrel. Created with Highstock 2.1.8June 65:14 a.m., ET$65.31DAILY CHG▼ -0.32%▼ $-0.21May 21June 46466687072$74Source: WSJ Market Data Group Prices have fallen from recent multiyear highs about two weeks ago, with Russia and Saudi Arabia hammering out the terms of a deal to jointly increase oil production leading up to the next Organization of the Petroleum Exporting Countries meeting on June 22. OPEC and other large producers have alleviated a global supply glut with […]