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    Oil prices rebound after sharp decline

    2015-01-22 08:58 Xinhua Web Editor: Qin Dexing
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    Oil prices rebounded Monday as traders bought the dip after prior day's heavy sell-off.

    Light, sweet crude for March delivery gained 1.31 U.S. dollars to settle at 47.78 dollars a barrel on the New York Mercantile Exchange.

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