Oil prices ease on dim economic outlook despite signs of firmer demand
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SEOUL (Reuters) - Oil prices dipped on Wednesday as concerns over the lasting economic fallout from the coronavirus pandemic outweighed signs of improving demand and production cuts by major oil producers.Brent crude futures for July delivery were trading down 11 cents, or 0.3%, at $34.54 per barrel at 0031 GMT. U.S. West Texas Intermediate (WTI) crude futures for July were down 13 cents, or 0.4%, at $31.83 a barrel. The July contract became the front month after WTI futures for June expired..