Oil breaks above $60/bbl, but doubts about growth curb gains
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NEW YORK (Reuters) - Oil prices rose about 3 percent on Monday, clawing back some of the previous session's steep losses, although gains where capped by uncertainty over global economic growth and further signs of increasing supply, including record Saudi production.Brent crude futures rose $2.03, or 3.5 percent, to $60.83 a barrel, by 1:11 p.m. EST (1811 GMT). U.S. West Texas Intermediate (WTI) crude was up $1.45, or 2.9 percent, at $51.87 a barrel.Prices on Friday hit their lowest since..