NEW YORK, March 16 (Xinhua) -- Oil prices rebounded on Thursday, recouping some of the massive losses they had suffered in recent days.
The West Texas Intermediate for April delivery gained 74 cents, or 1.09 percent, to settle at 68.35 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for May delivery added 1.01 dollars, or 1.37 percent, to close at 74.7 dollars a barrel on the London ICE Futures Exchange.
