Oil inches up on U.S. crude inventories, coronavirus limits gains

NEW YORK (Reuters) - Oil prices edged up on Wednesday after U.S. crude in storage grew less than expected and gasoline inventories dropped, but hundreds of new coronavirus cases reported in Asia, Europe and oil-producing countries in the Middle East limited gains.Brent crude was rose 12 cents to $55.07 a barrel by 10:48 a.m. EST (1548 GMT), while U.S. West Texas Intermediate (WTI) crude was up 33 cents at $50.23 a barrel. U.S. crude oil stocks grew by 452,000 barrels in the week ended Feb...