Oil prices edge up, supported by Iran ship attack, U.S.-China trade detente

SINGAPORE (Reuters) - Oil prices were little changed on Monday, holding onto 2% gains from Friday amid renewed geopolitical tensions in the Middle East, while a detente in the U.S.-China trade war buoyed market sentiment.Brent crude futures rose 9 cents to $60.60 a barrel by 1208 GMT, while U.S. West Texas Intermediate (WTI) crude futures was at $54.79 a barrel, up 9 cents.Both contracts rose more than 3% last week, their first weekly gain in three weeks.Most of the gains were posted on Friday..