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Urgent: Oil prices rebound amid falling U.S. output

Xinhua, September 22, 2015 Adjust font size:

Oil prices bounced Monday as data suggested that U.S. crude output is dropping amid low prices.

The West Texas Intermediate for October delivery moved up two U.S. dollars to settle at 46.68 dollars a barrel on the New York Mercantile Exchange, while Brent crude for November delivery increased 1.45 dollars to close at 48.92 dollars a barrel on the London ICE Future Exchange. Endit