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Urgent: U.S oil rebounds as stocks gain

Xinhua, July 29, 2015 Adjust font size:

U.S. oil price bounced Tuesday as equity market of the country went up.

The West Texas Intermediate for September delivery moved up 59 cents to settle at 47.98 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for September delivery decreased 17 cents to close at 53.3 dollars a barrel on the London ICE Future Exchange. Endite