Oil rebounds on potential for further OPEC+ supply cuts

LONDON (Reuters) - Oil prices clawed back ground on Tuesday on hopes for additional production cuts from OPEC and its allies to offset any potential demand drop triggered by the coronavirus outbreak. Brent crude was up 93 cents, or 1.7%, at $55.38 a barrel by 1335 GMT, while U.S. West Texas Intermediate (WTI) crude stood at $51.31 after a 2.4% rise of $1.21.The gains marked a rebound after an extended slide over the past two weeks on concern over the global economic impact of China's..