Namibian | Oil rises up on N.Sea pipeline outage, expectation of lower US crude stocks Vanguard “Oil prices inched higher on expectations of another strong drawdown in U.S. inventories,” ANZ bank said on Wednesday. The American Petroleum Institute said on Tuesday that U.S. crude inventories fell by 5.2 million barrels in the week to Dec. 15 to ... Oil Calmed Down After Forties Pipeline System Failure Oil edges up despite rising US output |