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U.S. oil prices rebound after tumbling to lowest since June 2017 on economy fears by www.expertcommodity.com Oil prices were mixed in thin trading on Wednesday as the U.S. benchmark rebounded from steep losses in the previous session, even though concern over the health of the global economy continued to overshadow the market in the longer term. U.S. West Texas Intermediate (WTI) crude futures ( CLc1 ), were up 29 cents, or 0.68 percent, at $42.82 per barrel, having at one point risen as high as 2 percent from the last close. They had slumped 6.7 percent in the previous session to $42.53 a barrel - the lowest since June 2017. Click Here: www.expertcommodity.com Meanwhile Brent crude oil futures ( LCOc1 ) were down 11 cents or 0.22 percent at $50.36 a barrel, having skidded 6.2 percent in the previous session to $50.47 a barrel, the weakest since August 2017. "But market confidence needs to be restored for oil price...that includ...
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