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Oil rises as U.S. recession fears ease and dollar slips

Por: CNBC Business February 01, 2023

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Oil prices climbed on Wednesday underpinned by a weaker dollar, which fell on signs of slowing inflation in the United States, easing fears that the world's largest oil user may face a recession because of further interest rate hikes. futures gained 20 cents, or 0.2%, to $85.66 a barrel at 0128 GMT, while  futures rose 34 cents, or 0.4%, to $79.21 a barrel, extending gains of about 1% in the previous session.related investing news6... + full article



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