Dhaka, Feb. 6 -- Oil prices edged up in Asian trading on Thursday after Saudi Arabia's state oil company sharply raised March oil prices, but the increase was barely a blip on the biggest slide in benchmark Brent prices in nearly three months the previous day.

Brent crude futures rose 8.0 cents to $74.69 a barrel by 0422 GMT US West Texas Intermediate crude was up 15 cents to $71.18 a barrel.

Oil prices had fallen more than 2.0 per cent on Wednesday as a large build in US crude and gasoline stockpiles signalled weaker demand, and as investors weighed the implications of a new round of US-China trade tariffs, including duties on energy products, as per a Reuters report.

Prices have plunged about 10 per cent from the 2025 highs on Januar...