Oil prices rebound after OPEC upgrades China demand outlook

Oil prices rebounded more than 1% on Wednesday, recovering from the previous day's plunge, as a stronger OPEC outlook on China's demand helped offset bearish global investor sentiment in the wake of the recent U.S. bank failures.

油价周三反弹超过1%，从前一天的暴跌中恢复，因为欧佩克对中国需求的更强劲展望有助于抵消近期美国银行倒闭后全球投资者的悲观情绪。

Brent crude futures climbed 93 cents, or 1.2%, to $78.38 a barrel by 0324 GMT. U.S. West Texas Intermediate crude futures (WTI) gained 96 cents, or 1.4%, to $72.29 a barrel. On Tuesday, the benchmarks fell more than 4% to a three-month low.

截至格林威治标准时间0324点，布伦特原油期货上涨93美分，或1.2%，至每桶78.38美元。美国西德克萨斯州中级原油期货（WTI）上涨96美分，或1.4%，至每桶72.29美元。周二，基准指数下跌超过4%，至三个月低点。