Oil prices edged up after early falls on Monday as parts of Asia returned from the Lunar New Year holiday, with Brent futures moving further away from $60 a barrel and U.S. contracts moving towards $51. After early trading losses, both international Brent and U.S. WTI crude futures edged up on Monday in reaction to cautious optimism that an immediate return of a eurozone crisis over Greek debt was averted by a compromise between Athens and its creditors. Benchmark Brent crude futures were trading at $60.39. at 0201 GMT, up 17 cents from their last settlement, while U.S. WTI crude was up 5 cents at $50.86 a barrel. ... (full story)