West Texas Intermediate (WTI) crude futures edged up 1 cent to $61.73 a barrel by 0210 GMT. The U.S. benchmark is up about 36% so far this year. Brent crude futures were at $68.28 a barrel, up 12 cents. The international benchmark has risen around 27% in 2019.
SINGAPORE: Oil prices hovered around three-month highs on Monday following a higher-than-expected crude inventory drawdown and optimism over an expected U.S-China trade deal, while traders kept a close eye on Middle East unrest.
Markets showed little immediate reaction to news of U.S. air strikes in Iraq and Syria against an Iran-backed militia group, even as U.S. officials warned "additional actions" may be taken.
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