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Price at future , Then barrel price, then at petrol pump will rebound Signs that Americans are driving more as the economy slowly reopens are helping lift oil prices, but a 60% jump in just a week may be too much, too soon
In finance and economics, a rebound refers to a return from a past time of unfavorable activity or losses, as in the case of a business reporting excellent profits following a year of losses or launching a successful product line following a string of unsuccessful launches. A rebound in the context of stocks or other assets denotes a price increase from a lower point. A rebound for the overall economy denotes a rise in economic activity from lower levels, such as the recovery from a downturn. After a period of decline, events, trends, or stocks might change direction and go higher.
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