NEW YORK (Reuters) - U.S. crude oil futures bounced $2 on Tuesday on raised price outlooks from Goldman Sachs and Morgan Stanley and ahead of weekly oil inventory reports expected show crude stockpiles fell last week in the United States.
A weaker dollar added support for dollar-denominated oil prices.
On the New York Mercantile Exchange, the July crude contract rose $1.90, or 1.9 percent, to $99.60 a barrel by 9:15 a.m. EDT (1315 GMT), trading from $96.61 to $99.82.
(Reporting by Robert Gibbons; Editing by John Picinich)