Oil comes slightly higher after deceptive falls news

Oil prices came back slightly higher on Wednesday following a steep fall in the face of warnings from world leaders that record highs were challenging economic growth, dealers said. New York's main oil futures contract, light sweet crude for August delivery, rose 11 cents to 136.15 dollars a barrel. The contract tumbled by 5.33 dollars to close at 136.04 at the New York Mercantile Exchange on Tuesday.

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