Oil prices recover despite ongoing worries over China

Source: Investing.com
© ScanPix/Reuters
Crude futures climbed on Tuesday, halting a hefty losses of almost 3% in the prior session, however traders remained worried over China's economic slowdown and global supply glut. Futures for WTI grew 0.72% to $44.75 per barrel, while Brent futures rose 0.63% to $47.64 per barrel by 07:21 AM GMT. Meanwhile, experts claim that oil received only short-term support from a weaker US Dollar, while in the long term the bearish pressure will remain.  
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