Oil prices rose slightly on Thursday after a sell-off sparked by the U.S. presidential election, as risks to oil supplies from the presidency of Donald Trump and Hurricane Rafael overshadowed the strength of the dollar and rising inventories.
Brent crude futures rose 26 cents, or 0.35%, to $75.18 a barrel. U.S. West Texas Intermediate crude gained 16 cents, or 0.22%, to $71.85.
Trump's election initially triggered a sell-off that pushed oil prices down more than $2 as the dollar rose to its highest level since September 2022.
