MELBOURNE, Aug 10 (Reuters): Oil prices climbed on Monday, supported by Saudi optimism about Asian demand and an Iraqi pledge to deepen supply cuts, although uncertainty over a deal to shore up the US economic recovery capped gains.
Brent crude futures rose 34 cents, or 0.8%, to $44.74 a barrel by 0641 GMT, while US West Texas Intermediate (WTI) crude futures were up 47 cents, or 1.1%, to $41.69 a barrel.
