Oil climbs as dollar slips, but demand fears keep a lid on gains
Source: Reuters
Brent, WTI claw back some lossesLooming European ban on Russian crude supports marketMore rate hikes, recession fears weigh on marketMELBOURNE, Nov 4 (Reuters) - Oil prices turned higher on Friday as the dollar eased, but gains were capped by recession fears and fresh concerns that COVID outbreaks will dent fuel demand in China.Brent crude futures rose 65 cents, 0.7%, to $95.32 a barrel at 0155 GMT. The contract…
