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Oil Market Update
Crude-oil futures bounced back Tuesday ahead of the release of weekly U.S. oil inventory data, after hitting fresh multi-year lows on oversupply concerns. On the New York Mercantile Exchange, light, sweet crude futures for delivery in February CLG5, -0.98% settled up 51 cents, or 1%, at $54.12 a barrel, snapping a three-session losing streak.
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