WTI Oil Rebounds After Dipping Below $80; Brent Rises

West Texas Intermediate rebounded after falling below $80 for the first time since June 2012 on speculation prices decreased more than justified. Brent crude climbed from the lowest level in almost four years. Futures advanced 1.1 percent in New York and 0.8 percent in London. Crude has tumbled o…

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WTI Oil Rebounds After Dipping Below $80; Brent Rises