Oil holds near annual peaks, awaiting OPEC cuts, supply data

By David Gaffen NEW YORK (Reuters) - Crude oil prices edged up for a fourth consecutive session on Wednesday, close to their highest levels since mid-2015, ahead of U.S. oil inventory figures and as the market awaits evidence of OPEC supply reductions in the new year. U.S. benchmark West Texas Intermediate (WTI) crude oil futures were up 30 cents, or 0.6 percent, at $54.20 per barrel by 1:29 p.m. EST (1829 GMT), not far from the year's high of $54.51 reached on Dec. 12. Oil prices have gained 25