Oil prices rise on demand prospects as lockdowns start to ease

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Oil prices rise on demand prospects as lockdowns start to ease West Texas Intermediate (WTI) crude futures rose as much as 8.2% to a three-week high of $22.06 and were up 7.6%, or $1.55, at $21.94 at 0108 GMT. The U.S. benchmark is on a five-day win streak that started on April 29.

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