Oil prices recovered on Thursday after a two-day slide as the dollar weakened, making fuel less expensive for holders of other currencies. The dollar has risen more than 4 percent against a basket of currencies .DXY over the last 10 days, helping accelerate a fall in oil prices from a five-month high early in May. But the surge in the U.S. currency paused on Thursday, encouraging some oil buying, traders and analysts said. “Much depends on the U.S. dollar,” said Carsten Fritsch, senior oil and commodities analyst at Commerzbank in Frankfurt. “If the dollar resumes its rise, oil will probably test new lows again,” Fritsch added. Front-month Brent LCOc1 was up 65 cents at $62.71 a barrel by 0815 GMT. U.S. crude futures CLc1 were up 30 cents from their last settlement at $57.81 per barrel. Investors awaited oil inventory data from the U.S. Energy Information Administration (EIA) […]