Oil prices rebound after prior session's sell-off

NEW YORK, July 13 (Xinhua) -- Oil prices rose on Wednesday, recouping some of the massive losses they had suffered in the previous session.

The West Texas Intermediate for August delivery added 46 cents, or 0.5 percent, to settle at 96.30 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for September delivery increased 8 cents, or nearly 0.1 percent, to close at 99.57 dollars a barrel on the London ICE Futures Exchange.