Oil edged up in early Asia trade on Friday, with United State (US) crude trading near a two-month high after the Organisation of the Petroleum Exporting Countries (OPEC) agreed to increase output curbs by nearly 50 percent in early 2020, although the cartel stopped short of promising any further steps after March.
West Texas Intermediate oil futures were up by 2 cents at $58.45 a barrel by 0101 GMT. They rose to as high as $59.12 a barrel on Thursday, the highest since the end of September.
Brent futures were up 1 cent at $63.40. They fell 0.6 per cent on Thursday.
