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    Market analysis Oil Prices Rebound After Plunging

    Related product:Crude Oil
    Market analysis:Oil prices rebounded on Friday in Asia after falling overnight amid more evidence of the coronavirus' devastating impact on the U.S. economy.

    The U.S. Crude Oil WTI Futures rose 1.7% to $22.98 by 11:59 PM ET (03:59 GMT), after losing more than 7% earlier in the day. International Brent Oil Futures gained 0.9%, recovering slightly from the 8% losses overnight. 

    Both contracts are down about 60% so far this week.

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