Oil prices push higher as demand expectations offset dollar strength

NEW YORK (Reuters) -Oil prices edged up on Monday on the prospect of strong summer fuel demand and rising geopolitical tensions outweighed the effects of a stronger dollar.Brent futures for August delivery were up 53 cents to $85.77 a barrel, a 0.6% gain, by 11:38 a.m. EST (or 1538 GMT). U.S. crude futures rose 65 cents to $81.38 per barrel, or a 0.8% gain.Both benchmarks advanced about 3% last week for their second consecutive weekly upswing.

Source: theprint.in