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Urgent: Oil prices rebound amid OPEC's warning

Xinhua, January 28, 2015 Adjust font size:

Oil prices gained Tuesday as Organization of the Petroleum Exporting Countries (OPEC) warned that prices may jump to 200 dollars a barrel in future without sufficient investment in production.

Light, sweet crude for March delivery increased 1.08 U.S. dollars to settle at 46.23 dollars a barrel on the New York Mercantile Exchange. Endite