Oil edges higher on weaker dollar, but recession and tariff fears weigh

Oil prices edged slightly higher, helped by weakness in the dollar but capped by mounting concerns over a U.S. slowdown and the impact of tariffs on global economic growth.

The Oil-Dollar pair gained 1.0% in the last session after rising as much as 2.0% during the session. The Stochastic indicator is giving a negative signal.
Support: 63.372 | Resistance: 68.772