Oil prices inch up as demand upswing counters virus concerns
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LONDON (Reuters) - Oil prices inched up on Friday as the bullish impetus from signs of fuel demand recovery was kept in check by a rising number of new coronavirus cases in the United States and China and tentative expecations of U.S. output ticking up.Brent crude futures were 38 cents higher at $41.43 at 0829 GMT. U.S. West Texas Intermediate (WTI) crude futures were up 29 cents at $39.01. Both contracts are on track for a weekly fall of around 1.7% after record U.S. crude inventory data..