OIL PRICE: NOT ABOVE $43
REUTERS - JULY 2, 2020 - Oil prices rose on Thursday, reversing early losses, as a sharp drop in oil stockpiles outweighed concerns that a spike in U.S. coronavirus infections and revived lockdown measures in California could stall a recovery in fuel demand.
U.S. West Texas Intermediate (WTI) crude CLc1 futures rose 25 cents, or 0.6%, to $40.07 a barrel by 0632 GMT, adding to a 1.4% rise from Wednesday.
Brent crude LCOc1 futures was up 25 cents or 0.6% at $42.28 a…
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