Reuters | Oil edges lower; US crude supply data seen as bearish Reuters NEW YORK Oil edged lower on Wednesday, after U.S. data showed a smaller-than-expected decline in overall crude inventories coupled with another rise in production, hindering OPEC's efforts to reduce a global surplus of crude. U.S. crude stocks fell 1 ... Oil Prices Drop As Saudis Say Too Early To Decide Cuts Extension Oil prices slip as US gasoline supplies mark first weekly climb in 2 months Oil edges higher as OPEC boost offsets dent from US supply |