Oil prices pulled out of a two-day slump yesterday, supported by a rebound on Wall Street and losses in the dollar.

US crude for October rose $1.06 to settle at $72.49 a barrel, after dipping as low as $69.83 earlier in the day on worries about high commercial crude inventories and weak demand. In London, Brent crude rose 86 cents to $72.51.

Oil gains ended a steep slide since Tuesday, when prices touched a 10-month high of $75 a barrel. – (Reuters)