NEW YORK, May 26 (Xinhua) -- Oil prices rebounded Friday from previous day's rout, as traders shrugged off their disappointment over the Organization of the Petroleum Exporting Countries'(OPEC) output agreement.
The West Texas Intermediate for July delivery added 0.90 U.S. dollar to settle at 49.80 dollars a barrel on the New York Mercantile Exchange, while Brent crude for July delivery gained 0.69 dollar to close at 52.15 dollars a barrel on the London ICE Futures Exchange. Enditem
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