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By Arathy Somasekhar HOUSTON -Oil prices rebounded in volatile trading on Tuesday as the market weighed China’s plans to support its economy against a possible coronavirus lockdown in its capital Beijing. Brent crude futures were up $2.37, or 3.7%, at $106.10 a barrel by 12:25 a.m. ET (1725 GMT). U.S. West Texas Intermediate contracts were up $4.13, or 4.2%, at $102.65. Brent and WTI had settled down about 4% on Monday and touched respective lows on Tuesday of $101.08 and $97.06 a barrel, pressured by concerns over demand in China, the world’s largest crude oil importer. China’s central bank s…