Doha: Oil prices edged higher on Tuesday: but gains remained limited as traders looked beyond easing geopolitical tensions in the Middle East and turned their attention to supply increases and demand prospects.

According to Qatar News Agency, Brent crude futures gained 28 cents, or 0.39%, to $72.29 a barrel, while US West Texas Intermediate (WTI) crude rose 29 cents, or 0.26%, to $68.84 a barrel.