Oil rises on improving economic data but virus case jump caps gains
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NEW YORK (Reuters) - Oil prices edged higher on Monday, after bullish data from Asia and Europe, but sharp spikes in new coronavirus infections around the world tempered gains. Brent crude rose 30 cents, or 0.7%, to $41.32 a barrel by 11:12 a.m. EDT (1512 GMT). U.S. crude rose 44 cents, or 1.1%, to $38.93 a barrel.The recovery of economic sentiment in the euro zone intensified in June with improvements across all sectors, European Commission data showed on Monday. Overall sentiment rose to..