Brent oil rises above $60, buoyed by U.S. inventory drawdown
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SINGAPORE (Reuters) - Prices for Brent oil rose above $60 a barrel for the first time in over a week on Wednesday amid data that showed a larger-than-expected drawdown in U.S. crude inventories, but ongoing worries about a global economic recession capped gains. Brent crude had risen 13 cents, or 0.2%, to $60.16 a barrel by 0136 GMT, after settling 0.5% higher on Tuesday. U.S. crude was up 12 cents, or 0.2%, at $56.25 a barrel.U.S. crude oil stocks fell by 3.5 million barrels to 439.8..