Oil prices pared earlier losses to rise up during trade on Tuesday, helped by weakness in U.S. dollar, although gains were capped as concerns mounted over a potential U.S. recession and the impact of tariffs on global economic growth. Brent Crude was trading over 1.2 percent up at 70 dollars and 12 cents per barrel. WTI Crude was also trading over 1.2 percent up at around 66 dollars and 84 cents per barrel when reports last came in.