Oil rebounds as recent drops seen exaggerated

Note: This section contains information in English only.
Source: Bloomberg
Oil rebounded from a two-month low close as traders speculated that earlier declines were exaggerated. Futures gained 0.6% in New York after sliding to almost technical-support levels. November-delivery oil surged 57 cents to $90.55 per barrel and traded at $90.36. Brent oil for the same month added 0.3% to $110.41 per barrel in London.

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