Oil prices edge up on weaker dollar, expected crude output cuts
By Henning Gloystein SINGAPORE (Reuters) - Oil prices inched up on Monday, supported by a weaker dollar and expectations that OPEC and other producers will cut output as part of a deal to curb global oversupply. Brent crude futures , the international benchmark for oil prices, were trading at $55.55 per barrel at 0035 GMT, up 10 cents from their last close. U.S. West Texas Intermediate (WTI) crude futures were up 9 cents at $52.46 a barrel.
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