OIL rebounded on Thursday after sliding 1% in the previous session as concerns over tight supplies heading into winter eclipsed fears of a global recession.
Brent crude futures rose 15 cents, or 0.2%, to $89.98 per barrel by 0657 GMT, recouping their losses in early Asia trade. U.S. West Texas Intermediate (WTI) crude rose 10 cents to $83.04.
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