Futures Movers: Oil prices stage a partial rebound as traders weigh prospects for supply and demand

Oil futures head higher on Thursday, looking to recoup a portion of the losses suffered a day earlier after red-hot inflation data sent the U.S. dollar soaring, and underlined fears of a potential release of crude from the Strategic Petroleum Reserve.

Oil futures head higher on Thursday, looking to recoup a portion of the losses suffered a day earlier after red-hot inflation data sent the U.S. dollar soaring, and underlined fears of a potential release of crude from the Strategic Petroleum Reserve.