Oil prices inch higher on U.S. stockpile drop, but bleak outlook caps gains
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SEOUL (Reuters) - Oil prices were lifted on Thursday by an unexpected drop in U.S. crude stocks, but gains were capped by both a bleak outlook for the world's no. 1 economy as the coronavirus pandemic crushes fuel demand and concern over a potential second wave of cases.Brent crude futures were up 6 cents, or 0.2%, at $29.25 per barrel at 0401 GMT. U.S. West Texas Intermediate (WTI) crude futures were up 18 cents, or 0.7%, to $25.47 a barrel.Prices have risen in the past two weeks as some..