Singapore, November 01 (QNA) – Oil prices rose on Tuesday, paring losses from the previous session, as a weaker US dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the worlds second-largest oil consumer.
Brent crude for January delivery rose 73 cents, or 0.8%, to $93.54 a barrel. The December contract expired on Monday at $94.83 a barrel, down 1%.
US West Texas Intermediate (WTI) crude rose 58 cents, or 0.7%, to $87.11 a barrel, after falling 1.6% in the previous session. (QNA)