Brent futures rose 65 cents, or 1.1%, to settle at US$60.47 per barrel, while US West Texas Intermediate (WTI) crude rose 51 cents, or 0.9%, to settle at US$56.66.
NEW YORK: Oil prices edged up on possible disruptions from a US blockade of Venezuelan tankers as the market waits for news about a possible Russia-Ukraine peace deal.
Brent futures rose 65 cents, or 1.1%, to settle at US$60.47 per barrel, while US West Texas Intermediate (WTI) crude rose 51 cents, or 0.9%, to settle at US$56.66.
