LONDON—Oil prices reversed course on Wednesday after rising over 1 percent in the previous session, on a firmer dollar and as investors shrugged off jitters arising from supply cuts from Saudi Arabia and Russia.
Brent crude futures were down by 67 cents to $89.37 a barrel at 0822 GMT. U.S. West Texas Intermediate crude (WTI) futures traded at $86.05 a barrel, also down 64 cents.
