Oil prices gain after U.S. inventories fall

LONDON (Reuters) - Oil prices rose on Wednesday after a reported sharp drop in U.S. crude stocks and OPEC member Iraq said the producer group would discuss deepening output cuts amid ongoing demand concerns.Brent crude gained 52 cents, or 0.8%, to $62.90 a barrel by 1027 GMT, while U.S. West Texas Intermediate rose 60 cents, or 1.1%, to $58 a barrel.Oil prices have risen more than 7% this month, supported by declines in global inventories and signs of an easing in trade tensions between the..