Oil prices edge up, but set for big weekly loss on rising output, trade woes
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TOKYO (Reuters) - Oil prices edged up on Friday after a difficult week, but were still headed for losses of about 4%, hit by a combination of rising global supply and uncertain future demand.U.S. crude rose for the first time in four days, gaining 18 cents, or 0.3%, to $54.36 a barrel by 0339 GMT. The contract was set for a weekly loss of more than 4%.Brent crude was up 5 cents, or 0.1%, at $59.67 a barrel, leaving it on track for a drop of nearly 4%.Worries over global economic growth, along..