Oil prices rebound above $42 in London

Oil prices rebound above $42 in London

Agence France-Presse
Oil prices plunged on Wednesday after figures showed rising crude oil stockpiles in the United States and sentiment swung against expectations that the Organization of Petroleum Exporting Countries will cut output further. In London yesterday, Brent North Sea crude for delivery in April rose 64 cents to $42.04 a barrel.