Tag Archives: Oil prices rise on softer US dollar

Oil prices climbed on Tuesday, bolstered by a weaker US dollar and supply woes, although gains were capped by the spectre of lower fuel demand from China as it persists with its stringent zero-Covid policy. Brent crude futures rose 82 cents, or 0.9 per cent, to $92.44 per barrel by 0643 GMT, while US West Texas Intermediate (WTI) crude futures …

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