Oil prices edged higher on Thursday as investors focused on the possibility of deeper supply cuts from the world’s biggest producers, whilst largely shrugging off reports which cut demand forecasts after the coronavirus outbreak in China, the biggest oil importer. Brent crude LCOc1 was up 32 cents, or 0.6%, at $56.11 a barrel by 10:52 a.m. ET (1552 GMT), while U.S. West Texas Intermediate (WTI) CLc1 was up 14 cents at $51.31 a barrel. The energy complex was led higher by U.S. gasoline futures RBc1, which jumped more than 1%, supported by outages at Exxon Mobil Corp’s 502,500 barrel-per-day (bpd) Baton Rouge, Louisiana, refinery after a fire and […]