Oil Updates — Crude rebounds; Exxon sees oil earnings ease in Q4

RIYADH: Oil prices rebounded on Thursday amid dollar weakness and as investors emerged to buy dips after two sessions of steep losses, though economic concerns capped recovery. 

Brent crude futures had climbed 95 cents, or 1.22 percent, to $78.79 a barrel by 08.30 a.m. Saudi time, while US West Texas Intermediate crude futures rose 94 cents, or 1.29 percent to $73.78 a barrel.