Oil prices edged up on Thursday as markets shrugged off deflationary indicators in China and looked for further clues on the status of demand from the world’s two biggest oil consumers.
Brent crude futures rose 62 cents, or 0.8%, to $80.16 a barrel by 0145 GMT. U.S. WTI crude futures were up 61 cents, or 0.8%, at $75.94 a barrel.
