Oil prices edge higher ahead of US Fed meetin

SINGAPORE: Oil prices edged higher in Asian trade Monday as investors focused on the US Federal Reserve´s policy meeting this week for clues about its long-awaited stimulus pullback.

New York´s main contract, West Texas Intermediate (WTI) for January delivery, was up six cents at $96.66 in mid-morning trade while Brent North Sea crude for January gained 68 cents to $109.51