Reuters | Oil edges up on falling US crude stocks, but global glut weighs Reuters SINGAPORE (Reuters) - Oil prices edged up on Wednesday, lifted by declining U.S. crude inventories, although markets were still restrained by general oversupply. Market focus was turning to the release of official U.S. Energy Information Administration ... Oil 'backwardation' a key test for sentiment Oil holds at 3-week low as traders brace for US supply data Oil Prices Fall To 3-Week Lows On Flurry Of Bearish News |