Oil prices rose slightly today but remained down week over week headed into next week’s meeting of the Federal Reserve with the dollar already strong. Both benchmarks were down 2% on the week. The market is on edge with fears that hefty interest rate hikes would curb global economic demand and strengthen the dollar. “The increasing likelihood of global recession, as underscored by the recent renewed downturn in equities could continue to provide a limiter of upside (oil) price possibilities into next month and possibly beyond,” Jim Ritterbusch of Ritterbusch and Associates said in a note. WTI traded up $.01 or .01% to close at $85.11. Brent traded up $.51 or .56% to close at $91.35.