Oil up more than 2% as weaker dollar offsets China COVID-19 concerns

Oil prices edge lower as China COVID-19 woes dampen demand

Oil prices inched lower on Tuesday, extending losses of 1 percent from the previous session as more extensive COVID-19 curbs in China increased fears of slowing fuel demand in the world's second-largest oil consumer.

Oil up more than 2% as weaker dollar offsets China COVID-19 concerns

By Rowena EdwardsLONDON (Reuters) -Oil prices rose on Tuesday, recouping losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the world’s second-largest oil consumer.Brent crude for January delivery rose $1.95, or 2.1%, to $94.76 per barrel at 1224 GMT. The December contract expired on Monday at $94.83 a barrel, down 1%.U.S. West Texas Intermediate (WTI…

Oil up More Than 1 Percent as Weaker Dollar Offsets China COVID-19 Concerns

LONDON—Oil prices rose on Tuesday, recouping losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the world’s second-largest oil consumer. Brent crude for January delivery rose $1.38, or 1.49 percent, to $94.19 per barrel at 0951 GMT. The December contract expired on Monday at $94.83 a barrel, down 1 percent. U.S. West Texas Intermediate (WTI) crude ros…

Oil up more than 1% as weaker U.S. dollar offsets COVID-19 concerns in China

Brent crude for January delivery rose $1.38 to $94.19 per barrel at 0951 GMT, while U.S. West Texas Intermediate crude rose $1.15 to $87.68

Oil prices rise as weaker dollar offsets China COVID-19 concerns

By Isabel Kua SINGAPORE (Reuters) - Oil prices rose on Tuesday, paring losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of

Oil prices edge lower as China Covid-19 woes dampen demand

"The oil demand outlook overshadowed a record of US oil export data from last week," says analyst.