Reuters | Oil trades near three-month low as excess supply takes toll Reuters LONDON Brent crude oil futures edged higher on Friday but were still trading near three-month lows as the pressure of a persistent supply glut weighed on prices. The overhang that has cut prices by more than 10 percent since the start of November kept ... Oil prices inch up amid signs of demand pickup Oil Prices Rise in Volatile Trade; Latest Oil Rig Count Awaited Goldman eyes $20 oil as glut overwhelms storage sites |