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(Bloomberg) -- Oil edged higher after posting the biggest loss in five weeks as traders took stock of a broad shift away from risk assets that countered signs of a tighter global crude market, including a record drop in US inventories.
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>>> Read more: Oil Pares Risk-Off Decline With US Inventory Drop in Spotlight
Most Read from Bloomberg
Fitchâs US Credit Downgrade Sparks Criticism Along With Unease Missing Goldman Sachs Analyst Confirmed Dead by New York Police S&P 500 Has Worst Day Since April After Big Rally: Markets Wrap Canada PM Justin Trudeau Splits With Wife...
>>> Read more: Oil Pares Risk-Off Decline With US Inventory Drop in Spotlight
