Oil Rebounds From Two-Day Low in New York as Greece Prepares Debt Measures

Oil futures rebounded from a two-day low in New York. Futures for March delivery gained 38 cents, or 0.4 percent, to $97.29 a barrel in electronic trading on the New York Mercantile Exchange at 3:43 p.m. Singapore time. The contract earlier fell as much as 0.2 percent.

To contact the reporter on this story: Yee Kai Pin in Singapore at kyee13@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

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