NEW YORK—Oil futures edged higher, but traders held off taking large positions ahead of any agreement on raising the U.S. debt ceiling.
Light, sweet crude for September delivery was up 27 cents, or 0.3%, to $99.47 a barrel in early trade on the New York Mercantile Exchange. Brent crude on ICE Futures Europe exchange traded up 15 cents, or 0.1%, to $118.09 a barrel.
Nymex crude futures have held between $95 and $100 a barrel in recent sessions as lawmakers debate raising the U.S. borrowing limit before a ...
