Oil prices rose early on Wednesday, supported by a weaker dollar. But growing concerns about a slowing U.S. economy and the impact of tariffs on global economic growth limited gains.
Brent crude futures rose 27 cents, or 0.39 percent, to $69.83 a barrel. U.S. West Texas Intermediate crude futures rose 29 cents, or 0.44 percent, to $66.54 a barrel.
Oil maintained a positive trend despite the weak economic outlook, indicating that crude demand will remain strong in the near term.
Source (Al-Arabiya.net Website, Edited)
