Oil prices edge higher as weak dollar boosts demand
ISTANBUL Oil prices edged up on Monday as investors sought to take advantage of last week's declines, while a weaker US dollar supported demand.International benchmark Brent crude rose by 0.37%, trading at $66.58 per barrel at 10.32 a.m. local time (0732 GMT), up from $66.33 at the previous session's close.Similarly, US benchmark West Texas Intermediate (WTI) increased by about 0.26%, reaching $64.71 per barrel, compared to $64.54 in the prior session.Prices posted their sharpest weekly decline since March 2023 last week as geopolitical tensions in the Middle East eased. However,...