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Urgent: Oil prices rebound after four-day retreat

Xinhua, November 11, 2015 Adjust font size:

Oil prices rose Tuesday, snapping a four-day losing streak triggered by oversupply concerns.

The West Texas Intermediate for December delivery moved up 34 cents to settle at 44.21 dollars a barrel on the New York Mercantile Exchange, while Brent crude for December delivery increased 25 cents to close at 47.44 dollars a barrel on the London ICE Futures Exchange. Endit