Energy

Bloomberg reports that on Tuesday, oil prices inched up, rebounding from a one-week low.

Bloomberg reports that on Tuesday, oil prices inched up, rebounding from a one-week low.

The market news is quoted as saying:

Oil for April delivery rallied 1.9 percent to $98.85 a barrel as of 1:34 p.m. in New York. The Standard & Poor’s 500 Index slid 1.1 percent to 1,312.74 after yesterday capping its third straight monthly advance.

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