RIYADH: Oil slipped on Thursday as a US interest rate hike pushed up the dollar and fueled fears of a global recession, although losses were capped by concerns over tight supply.
Brent crude shed 46 cents, or 0.48 percent, to $95.70 a barrel at 09.55 a.m Saudi time, while US West Texas Intermediate crude futures dipped 57 cents, or 0.63 percent, to $89.43.
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