Oil prices rise on early signs of pick up in fuel demand
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LONDON (Reuters) - Oil prices jumped on Thursday, lifted by signs that the U.S. crude glut is not growing as quickly as expected and of a rise in fuel demand, which has been crushed by the coronavirus.West Texas Intermediate (WTI) crude futures climbed to $17.11 a barrel, up 13.6% or $2.05 at 0840 GMT. The U.S. benchmark surged 22% on Wednesday.Brent was up 7.6%, or $1.71 at $24.25 a barrel in light trading, with the June contract expiring on Thursday, having posted a 10% gain on..