SINGAPORE: Oil prices were little changed on Tuesday as global recession worries and concerns about China's rising COVID-19 case numbers denting demand from the world's top crude oil importer were offset by the positive impact of a retreat in the U.S. dollar.
Brent crude futures rose 30 cents, or 0.3%, to $87.75 by 0731 GMT. U.S. West Texas Intermediate (WTI) crude futures for January began trading Tuesday, rising 9 cents, or 0.1%, to $80.13 a barrel.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
