Investing.com - Brent oil edged up on Monday after already making up ground last week amid growing indications that the market is bottoming out
Prices were boosted by hopes for a global production freeze and signs of falling U.S. shale output plus growing gasoline demand
But investors remained cautious amid persistent fears over a massive global supply overhang that has
seen prices fall 70% since 2014
U.S. crude futures were weaker, weighed down by record American crude inventories