Oil prices rebounded above 69 dollars a barrel on Thursday, clawing back ground after some recent heavy losses caused by caution over the strength of the global economic recovery. New York's main contract, light sweet crude for October delivery jumped 1.05 dollars to 69.10 dollars a barrel. Brent North Sea crude for October delivery added 74 cents to 68.40 dollars a barrel in London trade. "There could be a little more (price) volatility with" US jobs data due on Friday, said VTB Capital analyst Andrey Kryuchenkov.