Oil rebounds

Oil rebounds

Oil Production

Oil steadied at around $48 a barrel on Thursday, as investors sought bargains after a sharp fall the previous day on an unexpectedly large buildup in U.S. gasoline stocks and a tepid demand outlook. Brent crude climbed 40 cents to $48.15 a barrel by 0943 GMT, after ending the previous session down $1.33. U.S. West […]

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