Oil prices rise more than $1 ahead of June WTI contract expiry
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SINGAPORE (Reuters) - Oil prices climbed by more than $1 a barrel on Monday, supported by output cuts and signs of a gradual recovery in demand amid easing coronavirus curbs, with U.S. oil showing no signs of last month's contract expiry price rout.Brent crude was up $1.33, or 4.1%, at $33.83 a barrel by 0634 GMT, after touching its highest since April 13. U.S. West Texas Intermediate crude was up $1.65, or 5.6%, at $31.08 a barrel, after rising to its highest since March 16. The more active..