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Urgent: Oil prices jump as China equity market surges

Xinhua, July 10, 2015 Adjust font size:

Oil prices bounced Thursday as a recovery in Chinese stocks boosted investor sentiment.

The West Texas Intermediate for August delivery moved up 1.13 U. S. dollars to settle at 52.78 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for August delivery increased 1.56 dollars to close at 58.61 dollars a barrel on the London ICE Future Exchange. Endite