Oil prices rose in choppy trade on Thursday after three days of losses. While tensions in the Middle East helped push prices higher, the upside remained capped by COVID-19 related concerns and data showing a surprise build in crude stockpiles in the United States, the world's top oil consumer.
Brent crude futures for October delivery climbed 0.7 percent to $70.89 a barrel in European trade, while West Texas Intermediate crude futures for September settlement were up 0.9 percent at $68.73.
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