Crude edges higher, U.S. gasoline slumps over 30% on sinking demand
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NEW YORK (Reuters) - Oil prices inched higher on Monday, while U.S. gasoline prices plunged more than 30% to a record low as global restrictions on travel to slow the spread of coronavirus destroyed demand for fuel.Brent crude futures ended the session up 5 cents at $27.03 a barrel while West Texas Intermediate (WTI) crude futures for May delivery rose 73 cents, or 3.2%, to $23.36 a barrel. Both benchmarks traded in negative territory until late in the session. Gasoline futures in the United..