Futures Movers: Oil prices hover above $90-a-barrel threshold as investors weigh global economic outlook

Oil futures edge higher on Tuesday after paring some gains in the morning trading, as investors weigh the global economic outlook after central banks for the world’s biggest economies have signaled they would keep interest rates elevated for a long stretch to tame inflation, pushing the Treasury yields to their multi-year highs and boosting the allure of the greenback.

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