NEW YORK, Oct. 27 (Xinhua) -- Oil prices rebounded on Tuesday, recouping some of the massive losses they suffered in the prior session, as a tropical storm threatened output in the U.S. Gulf of Mexico.
The West Texas Intermediate (WTI) for December delivery gained 1.01 U.S. dollars to settle at 39.57 dollars a barrel on the New York Mercantile Exchange, while Brent crude for December delivery increased 74 cents to close at 41.20 dollars a barrel on the London ICE Futures Exchange.
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