Oil prices rebound to around US$132 on lingering supply concerns (Oil-Prices)

Oil prices rose Friday on worries that supply can`t keep up with growing global demand, after tumbling around US$4 overnight from a record above US$135 a barrel.Light, sweet crude for June delivery was up $1.49 on the day to $132.30 a barrel in electronic trade on the New York Mercantile Exchange by the afternoon in Europe. Earlier Friday, it rose as high as $133.14 before pulling back.During Thursday`s session, the front-month crude oil contract rose to a record $135.09, but then fell back shar