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Oil prices rebound as traders buy the dip

2015-02-06 08:37 Xinhua Web Editor: Qin Dexing
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Oil prices rebounded strongly Thursday as traders started to buy after the sharp decline the day before.

Light, sweet crude for March delivery gain 2.03 U.S. dollars to settle at 50.48 dollars a barrel on the New York Mercantile Exchange.

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