Oil prices edged up in early Asian trade on Monday, rising more than 10% since the start of the month as speculation intensifies about potential producer action to support prices in an oversupplied market.
International Brent crude oil futures were trading at $47.13 per barrel at 0018 GMT, up 13 cents from their last settlement, and over 10% above the last close in July.
US West Texas Intermediate (WTI) crude futures were at $44.67 a barrel, up 18 cents from their last close.
GMT 16:50 2018 Tuesday ,23 January
ADNOC to expand CCUS technologyGMT 19:54 2018 Friday ,19 January
Kuwaiti oil price down 8 cents to USD 66.52 pbGMT 20:30 2018 Tuesday ,16 January
OPEC daily basket price stood at $67.78 a barrel MondayGMT 18:22 2018 Saturday ,06 January
OPEC daily basket price stood at US$65.12 a barrel WednesdayGMT 17:03 2018 Thursday ,04 January
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