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RIYADH: Oil costs rebounded early on Wednesday, recovering after two straight periods of losses, as expectations of a hawkish Federal Reserve assembly later within the day and potential US crude inventory drawdowns outweighed China demand worries.
Brent futures gained 14 cents to $76.04 a barrel at 9:15 a.m. Saudi time. US West Texas Intermediate crude futures elevated 26 cents to $71.45 a barrel.
Colombia to proceed exporting fossil fuels: minister
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