Oil prices rise, but global economic concerns weigh
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SINGAPORE (Reuters) - Oil prices climbed on Monday after U.S. drilling activity fell to its lowest level in about two months, but increasing concerns about weaker growth in major economies kept a lid on gains.International Brent crude oil futures were at $60.37 per barrel at 0134 GMT, up 9 cents, or 0.2 percent, from their last close.U.S. West Texas Intermediate (WTI) crude futures were at $51.44 per barrel, up 24 cents, or 0.5 percent."Oil is finding support as the drop in Baker Hughes rig..