Reuters | Oil prices edge up on reports of falling inventories, but glut remains in place Reuters SINGAPORE Oil prices edged up on Wednesday following reports of falling stockpiles and rising refinery activity, but analysts said the market would remain under pressure for the rest of the year and into 2016. Industry group American Petroleum ... US Oil Prices Fall Toward $40 a Barrel US oil closes down $1.07, or 2.56%, at $40.67 a barrel Oil drops on bets US crude supply rose for an eighth straight week |