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Oil rebounded as traders seize on lower prices

Oil rebounded as traders seize on lower prices



International benchmarks for crude oil inched higher on Tuesday, 20 July 2021 as traders take advantage of lower prices after a drastic selloff on Monday sent the market to the two-month low. 

Brent gained 73 cents or 1.1% to $69.35/barrel.

WTI gained $1, or 1.5% to $67.42/barrel.