Oil edged up Monday, tracking gains in the U.S. stock market after a drop last week, but prices for the U.S. benchmark still settled near the session’s lows. In a monthly report Monday, the Energy Information Administration said it expects to see a further rise in domestic shale-oil production next month. March WTI rose 9 cents, or nearly 0.2%, to settle at $59.29 a barrel on the New York Mercantile Exchange.
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