Oil prices rise, U.S. crude shrugs off equity slump

By Aaron Sheldrick TOKYO (Reuters) - Crude oil prices rose on Tuesday, with U.S. crude shrugging off big drops in Japan's stock market and eroding some of the previous session's losses that were driven by festering concerns about global oversupply. U.S. crude was up 33 cents at $30.02 a barrel at 0720 GMT, after rising as far as $30.30. It settled the previous session down $1.18 at $33.88 in the day session of losses.