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Urgent: Oil prices rebound ahead of U.S. inventory data

Xinhua, August 19, 2015 Adjust font size:

Oil prices bounced Tuesday as traders expected to see a further reduction in U.S. crude supplies in Wednesday's government report.

The U.S. benchmark, West Texas Intermediate for September delivery, moved up 75 cents to 42.62 dollars a barrel on the New York Mercantile Exchange. The global benchmark, Brent crude for October delivery, increased 7 cents to 48.81 dollars a barrel on the London ICE Future Exchange. Endite