Brent oil prices rise above $60, buoyed by U.S. stock drawdown
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SINGAPORE (Reuters) - Brent crude oil futures rose above $60 a barrel on Wednesday after industry data showed a larger-than-expected drop in U.S. crude inventories, but ongoing worries about a possible global recession capped gains. Brent crude had gained 33 cents, or 0.6%, to $60.36 a barrel by 0654 GMT, after settling 0.5% higher on Tuesday. U.S. crude was up 17 cents, or 0.3%, at $56.30 a barrel. U.S. crude oil stocks fell by 3.5 million barrels in the week to Aug. 16, data from industry..