Oil prices rebounded Friday from a two-day drop, alongside equities as expectations of further stimulus by central banks helped to ease recession concerns.
Brent crude was up 37 cents at $58.60 a barrel after falling 2.1 per cent on Thursday and three per cent the previous day.
U.S. crude rose 26 cents to $54.73 a barrel, having dropped 1.4 per cent in the previous session and 3.3 per cent on Wednesday.
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