Oil edges off three-month low but glut worries persist

10 March 2017, London — Oil prices recovered a little on Friday after dropping to their lowest in more than three months, pressured by heavy oversupply despite OPEC-led production cuts. Brent crude oil was up 35 cents at $52.54 a barrel by 0950 GMT, after falling 1.7 percent on Thursday and 5 percent the day […] More »