Oil edges up about 1 percent on optimism over non-OPEC output cuts

By Devika Krishna Kumar NEW YORK (Reuters) - Oil prices rose about 1 percent on Friday on hopes that non-OPEC producers meeting in Vienna over the weekend would agree to output restrictions to go along with the limits OPEC announced last week to curb a glut of oil. Both Brent and U.S crude futures, however, notched their first weekly loss in four weeks. A strong U.S. ...