Oil edged higher as global markets steadied on Thursday, recouping some of the previous day’s 2 percent slide, though a weakening outlook for crude demand kept prices in check. The oil market had felt the effects on Wednesday of a large build in U.S. inventories that added to concern over the outlook for fuel demand while crude was also swept lower by broader selling of industrial commodities such as copper. China and the United States have implemented several rounds of tit-for-tat trade tariffs and threatened further duties on exports worth hundreds of billions of dollars, which could knock global economic growth. The crisis gripping the Turkish lira, meanwhile, has rattled other emerging markets and reverberated across equities, bonds and raw materials. Brent […]