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Urgent: Oil prices rebound despite rise in inventories

Xinhua, January 15, 2015 Adjust font size:

Oil prices rebounded strongly Wednesday despite rising U.S. crude inventories last week as traders bought the dip.

Light, sweet crude for February delivery gained 2.59 U.S. dollars to settle at 48.48 dollars a barrel on the New York Mercantile Exchange. Endite