Oil prices rose after OPEC+ nations held their output targets steady and as more Chinese cities eased COVID-19 curbs over the weekend, possibly improving the outlook for fuel demand. The greenback extended its recent decline even as November's robust U.S. payrolls report challenged hopes for less aggressive interest rate hikes by the Federal Reserve. As the central bank considers ditching oversized interest rate hikes, it's dealing with an economy likely more overheated than previously thought but also the bond market's clearest signal yet that recession and lower inflation lie ahead.