Oil edges higher on supply worries, all eyes on US
Brent crude rose 38 cents, or 0.7 per cent, to $58.73 a barrel by 0344 GMT, while U.S. West Texas Intermediate (WTI) crude was at $53.08, up 33 cents, or 0.6 per cent.
Oil prices rose on Tuesday, buoyed by overnight gains in industrial commodities, while unrest in oil-producing countries Iraq and Ecuador raised concerns of supply disruption, adding to support.
Brent crude rose 38 cents, or 0.7 per cent, to $58.73 a barrel
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