Oil prices edge up as OPEC+ may delay supply hike, US stockpiles fall

Oil prices edged up after plunging to multi-month lows previously as major producers may delay an output increase planned for next month and US inventories fell, though the gains were limited by persistent demand concerns. Brent crude futures for November rose 15 cents, or 0.1 per cent, to $72.85 at 0402 GMT after dropping 1.4 per cent in the previous session to their lowest close since June 27, 2023. US West Texas Intermediate crude futures for October were up 15 …