Oil prices rebounded from over three-month lows on July 26, lifted by a drop in the dollar, but concerns of ongoing oversupply weighed on markets and many traders are raising their bets on further price falls.
Reuters: Weaker dollar lifts oil prices, but mood remains bearish
A fracking site is situated on the outskirts of town at dawn in the Permian Basin oil field on Jan. 21, 2016 in the oil town of Midland, Texas.
