Tokyo — Oil prices were lower on Thursday though holding near one-month highs after futures jumped in the previous session as the International Energy Agency (IEA) and others upgraded forecasts for oil demand as major economies recover from the pandemic.

Brent crude was down by 21 US cents, or 0.3%, at $66.37 a barrel by 1.29am GMT, after gaining 4.6% on Wednesday and closing at the highest since March 17...

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