Oil up more than 1% as weaker dollar offsets

Oil prices rose on Tuesday, recouping losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the world's second-largest oil consumer, Qazet.az reports.

Brent crude for January delivery rose $1.38, or 1.49%, to $94.19 per barrel at 0951 GMT. The December contract expired on Monday at $94.83 a barrel, down 1%.

U.S. West Texas Intermediate (WTI) crude rose $1.15, or 1.33%, to $87.68 a barrel, after falling 1.6% in the previous session.