Published 1 year ago

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

Summary by 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.

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Reuters

Oil up more than 1% as weaker dollar offsets China COVID-19 concerns

Oil prices rose more than 1% 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 slowing fuel demand in the world's second-largest oil consumer.

1 year ago·United Kingdom

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CNBC

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

Oil prices rose on Tuesday, paring losses from the previous session, as a weaker U.S. dollar offset widening Covid-19 curbs in China.

1 year ago·United States

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Channel News Asia

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

SINGAPORE : Oil prices inched lower on Tuesday, extending losses of 1 per cent 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. Brent crude for January delivery was down 4 cents at $92.77 a barrel at 0112

1 year ago·Singapore

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Financial Post

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

SINGAPORE -- 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 slowing fuel demand in the world's second-largest oil consumer. Read More

1 year ago·Canada

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The Epoch Times

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…

1 year ago·New York, United States

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