U.S. oil prices climb after tumble, but oversupply worries drag
Share:
BEIJING/SINGAPORE (Reuters) - U.S. oil prices rose on Wednesday to claw back part of their more than 5 percent losses from the previous session, with worries about oversupply and a slowing global economy keeping markets under pressure. U.S. crude oil had climbed 37 cents, or 0.8 percent, to $46.24 per barrel by 0122 GMT, after plunging 7.3 percent the day before in a session when it touched its lowest since August last year at $45.79.Global benchmark Brent was up 0.85 percent, or 49 cents, at..