Oil edges up as Saudis cut supplies to U.S., but global glut remains

24 March 2017, Singapore — Oil prices edged up on Friday, supported by a fall in Saudi exports to the United States, but overall markets remained under pressure on the back of a world market awash with fuel. Benchmark Brent crude futures LCOc1 were at $50.69 per barrel at 0756 GMT, up 13 cents or […] More »