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Reuters: Oil rebounds to over $43 after 4 percent overnight fall

Started by chris, December 10, 2008, 08:59:18 AM

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chris

Oil rebounds to over $43 after 4 percent overnight fall
      


SINGAPORE (Reuters) - Oil rebounded by more than $1 a barrel to just above $43 in light bargain hunting on Wednesday, after having slumped 4 percent overnight on the back of lowered forecasts for U.S. energy demand and fears of a worsening global recession.<div class="feedflare">
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