Tokyo/Singapore — Oil prices rose on Thursday after a bigger-than-expected decline in US crude inventories, though concerns that the US-China trade war will trigger an economic downturn kept a lid on gains.

Brent crude futures, the international benchmark for oil prices, were at $69.71 per barrel at 5.02am GMT, up 26 cents, or 0.4% from their last close. Brent fell nearly 1% in the previous session...

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