Oil prices rise on U.S. stockpile drop, but bleak outlook caps gains
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SEOUL (Reuters) - Oil prices climbed on Thursday following an unexpected drop in U.S. crude stocks, but gains were capped by 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 18 cents, or 0.6%, at $29.37 per barrel at 0621 GMT. U.S. West Texas Intermediate (WTI) crude futures were up 23 cents, or 0.9%, at $25.52 a barrel.Prices have risen in the past two weeks as some..