The WTI front-month contract rebounded on Wednesday after falling late last week as Russian and Saudi Arabian officials discussed increasing production. The contract settled up $1.48 Wednesday at $68.21/bbl after falling from $71.84 on a week ago to $66.73 on Tuesday. Also aiding Wednesday’s rebound was a weakening dollar.Last Thursday Russian Oil Minister Alexander Novak said that his country and other large oil producing nations would meet next month to discuss relaxing the production......
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