Oil inches up as tension flares in Europe, Middle East
Oil prices inched up on Monday supported by geopolitical tension in Europe and the Middle East, although the prospect of more oil supply and concern about the impact of trade tariffs on global fuel demand weighed.
Brent crude futures rose 28 cents, or 0.42%, to $66.96 a barrel by 0118 GMT while U.S. West Texas Intermediate crude was at $62.88 a barrel, up 20 cents, or 0.32%.
