Crude futures inched up on Wednesday, with investors waiting for talks between OPEC producers and other oil exporters on curbing output to end a glut in the global market.

Brent crude LCOc1 was up 9 cents at $52.50 a barrel at 0012 GMT. It fell 73 cents, or 1.4 percent, to close at $52.41 a barrel on Tuesday, retreating from a one-year high of $53.73 hit on Monday.
                                U.S. West Texas Intermediate (WTI) crude CLc1 had gained 3 cents to $50.82 a barrel. It dropped 56 cents, or 1 percent, to settle the previous session at $50.79.

Oil has rallied more than 13 percent in less than two weeks since OPEC proposed its first production curbs in eight years. But prices remain about half of mid-2014 highs above $100 a barrel as questions remain over when the market will return to balance.

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