
Oil prices edged up on Thursday on signs of easing trade tensions, stronger than expected economic data from the world’s top oil consumers and renewed risks in the Middle East.
Brent crude futures were up 17 cents, or around 0.3 per cent, to $68.67 a barrel at 0856 GMT. US West Texas Intermediate crude futures were up 31 cents, or 0.5 per cent, at $66.69.
“Oil thinking has been distracted