Oil edges higher as demand expectations offset dollar strength – Markets

LONDON: Oil prices firmed slightly on Monday as traders weighed support from expected summer demand and geopolitical tensions against a stronger dollar.

Brent crude futures were up 15 cents, or 0.2%, at $85.39 a barrel by 0850 GMT.

US West Texas Intermediate crude futures were at $80.86 a barrel, up 13 cents, or 0.2%. Both benchmarks gained about 3% last week for their second consecutive…