Crude oil futures edged up on Monday due to favourable outlook for the US fuel demand. At 1605 hours GMT, Brent, the international benchmark for two-thirds of the world’s oil, was trading at $63.26 a barrel after gaining 0.52 percent. Likewise, the US West Texas Intermediate (WTI) crude futures gained 0.66 percent to reach $59.71 a barrel. The price for Opec Basket was recorded at $61.14 a barrel with 0.13 percent decrease, Arab Light was available at $62.07 a barrel with 0.82 percent decrease while price of Russian Sokol decreased 0.79 percent to reach $61.54 a barrel. According to experts, crude prices are struggling for direction as short-term Covid-19 pressures are countered by a much weaker US dollar. The US dollar Index, which measures the US dollar against a trade-weighted basket of six major currencies, slid 0.44 percent to 92.069 on April 8 and stood at 92.155 on Friday, the lowest since it settled at 91.741 on March 22. Outside the US, however, rising Covid-19 cases in several parts of Asia, Europe and Latin America, as well as Canada, are resulting in demand-side risks that are capping optimism in the market, they further said.