Oil prices edged down Wednesday on an uptick in U.S. crude stockpiles and production forecasts, and concerns that a coming meeting among major oil producers may not result in any action to reduce the global oil glut. Brent crude, the global oil benchmark, fell by 0.68% to $44.31 a barrel on London’s ICE Futures exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were trading down 0.57% at $42.22 a barrel. Industry group American Petroleum Institute reported late Tuesday that U.S. crude oil stockpiles rose by 2 million barrels in the latest week, while gasoline supplies declined by 4 million barrels. The U.S. Energy Information Administration will release official numbers later on Wednesday. The increase in oil stockpiles reported by API was contrary to an analyst poll by The Wall Street Journal […]