Oil Prices Regain Some Ground

Oil Prices Regain Some Ground

Oil prices rebounded Thursday, underscoring the volatility of the market and the force of investors who keep bidding on a crude revival.

Light, sweet crude for May delivery settled up 37 cents, or 0.7%, to $50.79 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, gained $1.02, or 1.8%, to $56.57 a barrel on ICE Futures Europe.

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