OIL prices recovered slightly on Wednesday as data pointed to firm fuel demand in the United States, providing respite after a 5% drop a day earlier on fear of demand suffering from increased China COVID-19 curbs and central bank interest rate hikes.
U.S. West Texas Intermediate (WTI) crude futures jumped 85 cents, or 0.9%, to $92.49 a barrel at 0456 GMT, after sliding $5.37 in the previous session driven by recession fears.
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