Oil Stages Small Recovery as Weak Economic Outlook Lingers

Oil Stages Small Recovery as Weak Economic Outlook Lingers
An employee holds a sample of crude oil at the Yarakta oilfield, owned by Irkutsk Oil Co., in the Irkutsk region, Russia, on March 11, 2019. Vasily Fedosenko/Reuters
|Updated:
0:00

LONDON—Oil prices reclaimed some ground on Thursday after tumbling to a six-month low the previous day but investors remained concerned about sluggish demand in the United States and China.

Brent crude futures were up 76 cents, or 1 percent, to $75.06 a barrel at 0924 GMT. U.S. West Texas Intermediate crude futures was up 67 cents, also 1 percent, to $70.05 a barrel.