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Urgent: Oil prices rebound after heavy selloff

Xinhua, September 16, 2015 Adjust font size:

Oil prices bounced Tuesday as traders bought the dip after sharp decline.

The West Texas Intermediate for October delivery moved up 59 cents to settle at 44.59 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for October delivery increased 26 cents to close at 46.63 dollars a barrel on the London ICE Future Exchange. Endit