©Reuters By Peter Nurse
Investing.com – Oil prices rose on Thursday, helped by dollar weakness after US inflation slowed in October, raising hopes that the Federal Reserve will ease monetary tightening faster than previously expected.
As of 09:05 ET (14:05 GMT), futures were trading up 0.3% to $86.11 a barrel, while the contract was up 0.4% to $93.06.
Data released earlier on Thursday showed CPI rising year-on-year over the past month and hitting a nine-month low….
