Reuters: LONDON (Reuters) - Oil prices edged up on Monday, with traders still on edge despite the U.S. pulling back from initial sanctions threats against Colombia, reducing immediate concern over oil supply disruptions. Brent crude futures added 38 cents, or 0.5%, to $78.88 a barrel by 1034 GMT. U.S. West Texas Intermediate crude was at $75.01, up 35 cents, or 0.5%. Both benchmarks had registered moderate declines in early trading....

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