Oil edges higher as investors sceptical about effectiveness of joint reserve release
The US is to release 50m barrels of oil from strategic reserves
Oil edges lower as climbing US inventory stokes supply fears
Hopes for a swift economic recovery in China limited losses
Oil losses extend below $53 as uncertainty over Opec cut lingers
US urges group against curbing supplies
Oil trades nears $70 on threat from storm on Gulf Coast
Investors also watch for potential rise in Opec crude output
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