Oil prices get some respite from drop in U.S. crude stockpiles
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LONDON (Reuters) - Oil prices climbed on Thursday following an unexpected drop in U.S. crude stocks, but the Brent benchmark still hovered below $30 a barrel as any bullish momentum continued to be curbed by a bleak fuel demand picture due to the coronavirus pandemic.Brent crude futures were up 51 cents, or 1.8%, at $29.70 per barrel at 0755 GMT. U.S. West Texas Intermediate (WTI) crude futures were up 54 cents, or 2.1%, at $25.83 per barrel.Prices have ticked up in the past two weeks as some..