Oil prices rise on U.S. stockpile drop, but bleak outlook caps gains

Oil prices rise on U.S. stockpile drop, but bleak outlook caps gains

Reuters India

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Oil prices climbed on Thursday following an unexpected drop in U.S. crude stocks, but gains were capped by a bleak outlook for the world's No. 1 economy as the coronavirus pandemic crushes fuel demand, and concern over a potential second wave of cases.

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