Reuters: Oil rebounds to under $44 after 4 percent overnight fall

[chris]

Oil rebounds to under $44 after 4 percent overnight fall
      

SINGAPORE (Reuters) - Oil rebounded by more than $1 a barrel to under $44 in light bargain hunting on Wednesday, after slumping 4 percent overnight on the back of lowered forecasts for U.S. energy demand and fears of a deepening global recession.<div class="feedflare">
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