India, Feb. 6 -- Oil prices recovered some ground on Thursday after falling nearly 2 percent in the previous session as a large build in U.S. crude stockpiles signaled weaker demand from the world's largest consumer.
Benchmark Brent crude futures edged up by 0.3 percent to $74.81 a barrel in European trade while WTI crude futures were up 0.2 percent at $71.19.
A weaker dollar helped prop up oil prices as inflation and trade war fears eased somewhat.
The dollar was on the back foot and Treasury yields dipped after a measure of U.S. job openings posted its biggest drop in 14 months and U.S. Treasury Secretary Scott Bessent said that President Donald Trump is not directly calling for the Federal Reserve to lower rates.
Elsewhere, the U.S. ...