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SINGAPORE (Reuters) -Oil prices edged up on Monday, aided by hopes of rising fuel demand this summer despite being weighed down by a firmer dollar, as expectations of interest rate cuts were pushed out further following strong U.S. jobs data. Brent crude futures gained 28 cents, or 0.4%, to $79.90 a barrel by 0427 GMT and U.S. West Texas Intermediate crude futures was up 0.3%, or 26 cents, at $75.79 a barrel. On Friday, data showed the U.S. added more jobs than expected last month, leading investors to trim expectations for rate cuts, which helped the dollar to rally. ....
By Florence Tan SINGAPORE (Reuters) - Oil prices nudged lower for a second straight session on Monday, weighed down by a firmer dollar as expectations of interest rate cuts were pushed out further following strong U.S. jobs data on Friday. Brent cr. ....
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