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Oil prices moved higher on Wednesday after an industry report showed that U.S. inventories of crude fell more than analysts expected, bolstering hopes that fuel demand in the world’s biggest economy can weather the coronavirus pandemic. Brent crude was up 1.2%, at $45.02 a barrel, after falling around 1% on Tuesday. U.S. WTI oil was up 1.2%, at $42.10 a barrel, having dropped 0.8% in the previous session.
