Reuters | Brent crude oil bounces back above $45, but excess weighs Reuters LONDON Oil edged up from multi-month lows on Thursday, but prices remained under pressure from a supply glut that has persisted despite OPEC-led efforts to balance the market. Brent crude futures were up 60 cents at $45.42 a barrel at 1407 GMT, after ... Oil slides below $45 a barrel for first time this year Wednesday Is Fast Becoming Oil's Least Favorite Day of the Week Oil prices 'like a falling knife' as sentiment hits all time low, says analyst |