Oil prices edge higher but trade row caps gains | Reuters

Oil prices edge higher but trade row caps gains | Reuters:

Oil prices rose on Monday with U.S. benchmark WTI moving higher after four weeks of declines, but gains were limited as the fallout from trade tensions weighed on markets.

Brent crude futures rose 13 cents, or 0.2 percent, to $74.42 by 0638 GMT, after trading lower most of the Asian session. Brent rose rose 1.7 percent last week, the first gain in four weeks.

U.S. West Texas Intermediate (WTI) crude futures were up 31 cents, or 0.5 percent, at $69 a barrel. WTI fell 1.3 percent on Friday.