Crude oil prices have rebounded, lifted by supply worries amid Middle East tensions, especially between Syria and Turkey.

New York's main contract, light sweet crude for November, on Tuesday closed at $US92.39 a barrel, up a hefty $US3.06 from Monday's close.

In London trade, Brent North Sea crude for delivery in November jumped $US2.68 to settle at $US114.50 a barrel.

Although concerns about global economic growth and demand weighed on US and European stock markets, the oil market finished sharply higher. Gold futures have locked in a three-day losing streak as sharp losses in the euro press gold prices lower.

The most actively traded contract, for December delivery, on Tuesday fell $US10.70, or 0.6 per cent, to settle at $US1,765.00 a troy ounce on the Comex division of the New York Mercantile Exchange.

This was the third consecutive day of losses for gold futures, and erased a cumulative 1.8 per cent from gold's 11-month high of $US1,796.50 set October 4.

Base metals have closed lower on the London Metal Exchange (LME), largely due to exogenous factors such as a stronger US dollar against other currencies and lower equity markets as investors brace for metal-price consolidation in sessions ahead.

At the close of open-outcry trading on Tuesday, LME three-month copper was 0.4 per cent lower on the day at $US8,145 a metric ton.

Meanwhile, benchmark three-month aluminum and zinc were also lower, dropping 1.4 per cent each to $US2,053/ton and $US2,006.5/ton, respectively.

Zinc and aluminum led the pack lower in percentage points due to technical selling spurred by exchange-traded commodity funds, according to a senior London-based broker.