Oil prices jump after U.S. crude inventories rise less than feared
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NEW YORK (Reuters) - Oil prices surged on Wednesday after U.S. crude stockpiles grew less than expected and gasoline posted a surprise draw, adding to optimism for an improvement in demand as some European countries and U.S. cities move to ease coronavirus lockdowns.Crude prices have been under pressure as fuel demand worldwide has dropped by roughly 30%. Major oil producing-nations agreed in mid-April to cut output by nearly 10 million barrels per day, while shale producers and oil majors are..