Oil rebounds after G20 vows to spur global growth

SINGAPORE: Oil prices rebounded in Asian trade Monday as the world´s biggest economies vowed to spur global growth by more than $2 trillion over five years.

New York´s main contract West Texas Intermediate (WTI) for April gained 28 cents to $102.48 while Brent North Sea crude for April rose 17 cents to $110.02.