Brent crude oil rose by nearly $1 per barrel in choppy trading on Wednesday, recovering from a 13-month low as turmoil in Iraq and Libya kept concerns about potential supply disruptions in focus. The sale of several Nigerian cargoes in the West African cash crude market also gave Brent prices a lift. U.S. crude prices edged higher, paring earlier modest losses after the U.S. Energy Information Administration (EIA) reported crude oil inventories rose 1.4 million barrels last week, against expectations stocks would be lower. The U.S. crude oil stocks build included a 418,000-barrel increase at the Cushing, Oklahoma, delivery point for the U.S. crude contract traded on the New York Mercantile Exchange. Ahead of the front-month September contract’s expiration on Thursday, Brent crude rose $1.26 to settle at $104.28 a barrel. The session low of […]