Oil prices edged slightly higher on Tuesday after falling to 11-year lows in the previous session, though bearish outlooks for 2016 capped gains. U.S. West Texas Intermediate (WTI) crude futures CLc1 were 26 cents higher at $36.07 a barrel by 1316 GMT, having touched their lowest since 2009 at $33.98 in the previous session. Brent futures LCOc1 rose by 7 cents to $36.42 a barrel, rebounding from an 11-year low of $36.04 hit on Monday. “The sentiment has been very negative, and ahead of the holidays people tend to close some of the speculative positions,” said Hans van Cleef, senior energy economist at ABN Amro in Amsterdam. Saudi Arabia, the world’s largest oil exporter, said it had shot down a ballistic missile that was heading towards its city of Jizan, where a new […]