Oil prices climbed by around $1 a barrel on Thursday on an unexpected fall in U.S. crude inventories and a rally in global equity markets, although ongoing oversupply capped gains. Asian stocks rose on Thursday as a sharp rebound on Wall Street and gains in battered Chinese shares eased fears of a deep and protracted global market rout, while the dollar also rallied as risk aversion eased. Oil markets moved away from 2009 lows reached earlier this week, although high production around the world and a weakening Asian demand outlook still dragged on prices. Front-month Brent LCOc1, the global oil benchmark, was up $1.16, or 2.67 percent, at $44.30 a barrel by 0636 GMT (2.36 a.m. EDT). U.S. crude’s front-month contract CLc1 was up $1.11 at $39.71 a barrel. U.S. […]