Oil prices edged up on Thursday, supported by a weaker dollar ahead of next week’s Federal Reserve meeting and by a drawdown in U.S. crude stocks. International Brent crude futures were trading up 18 cents, or 0.34 percent, at $53.18 a barrel at 0116 GMT. U.S. benchmark West Texas Intermediate crude oil prices edged up 29 cents, or 0.58 percent to $50.06 a barrel. Crude oil inventories in the United States dropped 2.4 million barrels in the week that ended on Dec. 2, compared with analyst expectations for a draw of 1 million barrels. But stocks at the Cushing, Oklahoma, delivery hub for U.S. crude futures, increased by a hefty 3.8 million barrels last week, the most since 2009, according to data from the U.S. Energy Information Administration on Wednesday. Oil prices have been supported since […]