Resilient oil ends with modest gains
U.S. oil futures bounced back from early weakness to end modestly higher Thursday, with analysts citing a backdrop of strong refinery demand and falling crude inventories, though upside remained capped by concerns over rising domestic production. West Texas Intermediate crude for February delivery on the New York Mercantile Exchange rose 27 cents, or 0.5%, to close at $58.36 a barrel.
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