Oil prices edged upwards in early trading in London as concerns over a possible war in Iraq dominated.
The price of benchmark Brent North Sea crude oil for April delivery rose to 32.48 dollars a barrel from 32.27 dollars at the close of the previous session.
In New York, the reference light sweet crude April contract rose 84 cents to 35.58 dollars a barrel on Friday when a massive oil storage blaze in the city rocked markets.
Oil prices held firm at the start of a busy week on the diplomatic front over Iraq as the United States prepared to introduce a draft UN resolution clearing the way for military action to disarm Iraq.
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AFP