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Oil claws back some losses but strong dollar caps gains

Por: CNBC Business September 26, 2022

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An oil pumpjack in Los Angeles, California. Oil prices rose on Wednesday.Mario Tama Getty Images News Getty ImagesOil prices rose modestly in early trade on Monday after sliding to eight-month lows last week weighed down by a surging U.S. dollar and fears sharp interest rate hikes globally would spark a recession and hit fuel demand.The dollar index climbed to a fresh 20-year high on Monday, capping oil price gains. futures were up 17 cents, or... + full article



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