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Dollar On The Back Foot As Focus Turns To Fed Easing
China Keeps Lending Benchmark Rates Unchanged
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Oil Steadies After Two-Day Swing As Countdown To OPEC+ Begins

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Oil edged higher after a two-day swing as investors looked ahead to an OPEC+ meeting on supply policy that will shape market balances into 2024, and a weaker US dollar made commodities more attractive.

Benchmark Brent rose above $81 a barrel after rallying more than 4% on Friday following a plunge of a similar magnitude the day before. West Texas Intermediate traded over $76 after also having a volatile ride.

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