Urgent: Oil prices rebound as Greek worries ease

Oil prices rebounded Tuesday as traders expected that Greece won't exit the Eurozone.

The West Texas Intermediate for August delivery moved up 1.14 U. S. dollars to settle at 59.47 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for August delivery increased 1.58 dollars to close at 63.59 dollars a barrel on the London ICE Future Exchange. Endite