LONDON—Oil prices firmed on Thursday, erasing earlier losses, as oil production was shut down by Hurricane Ian in the Gulf of Mexico, though a stronger dollar and weak economic outlook kept a lid on gains.
Brent crude futures rose 52 cents, or 0.6 percent, to $89.84 a barrel by 1027 GMT and U.S. crude futures rose by 52 cents, or 0.6 percent, to $82.67.
