CNBC | Oil edges up despite oversupply concerns CNBC Oil rose on Thursday, shrugging off pressure by a relentless build in oversupply, and a stronger dollar after the U.S. Federal Reserve raised interest rates for the first time in nearly a decade. Brent crude for February delivery, the front-month ... Oil steadies, but oversupply, strong dollar keep pressure on Oil edges up, but strong dollar keeps pressure on Goldman sees high risk of oil prices dipping further; likely to hit $20/barrel |