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Oil futures give adult early bounce, spin lower

Oil futures give adult early bounce, spin lower

An early rebound by oil futures attributed to discount sport gave approach to renewed offered vigour Tuesday morning, pulling a U.S. benchmark behind next $40 a barrel. Sep West Texas Intermediate wanton for Sep smoothness on a New York Mercantile Exchange fell 23 cents, or 0.6%, to $39.83 a barrel. The agreement had traded as high as $40.91 in early action, resilient from complicated Monday waste that put wanton behind into bear-market territory. Oil stays shadowed by concerns over a tellurian wanton bolt and doubt over near-term demand, analysts said.

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