Oil Prices Rising After 3-Day Skid

US crude futures are seeing a partial rebound, up 0.9% at $80.88 a barrel after dropping by nearly 5% over the past three days in a sell-off that was driven by weak Chinese economic data and a stronger dollar. “China is selling dollar this morning to reverse the dollar’s climb,” says Spartan Capital’s Peter Cardillo, in a research note. “Crude oil prices are higher but China’s economic worries, Russia’s crumbling economy and higher yields will likely accelerate a decline with spot [WTI] oil prices falling towards the mid-$70 range.” The global crude benchmark Brent also edges higher, up 0.9% at $84.16.