London — Oil prices rose on Wednesday on improving factory activity in China and drawdown in US crude inventories, both indicating an economic recovery and rise in energy demand despite surging coronavirus infections around the world.

Brent crude was up 90 US cents, or 2.2%, to $42.17 a barrel at 8.11am GMT, and US crude was up 90c, or 2.3%, at $40.17 a barrel...

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