Oil rises as markets eye OPEC, Russia meeting on output cuts
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SEOUL (Reuters) - Oil rebounded on Wednesday after a two-day fall, lifted by hopes that a meeting between OPEC members and allied producers on Thursday will trigger output cuts to shore up prices that have crumbled amid the coronavirus pandemic. Brent crude was up by 21 cents, or 0.8%, at $32.08 per barrel by 0639 GMT after falling 3.6% on Tuesday. U.S. West Texas Intermediate (WTI) crude rose 82 cents, or 3.8%, to $24.45 a barrel after dropping 9.4% in the previous session. Thursday's..