REUTERS, Singapore

Oil prices edged higher on Monday, paring earlier losses, as traders expect the market to absorb another large output hike by Opec+ in September, while worries about disruptions to Russian oil shipments to major importer India also provided support.

Brent crude futures climbed 11 cents, or 0.16 percent, to $69.78 a barrel by 0647 GMT, and US West Texas Intermediate crude was at $67.52 a barrel, up 19 cents, or 0.28 percent. Both contracts closed about $2 a barrel lower on Friday.

The Organization of the Petroleum Exporting Countries and their allies, known as Opec+, agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain market share. It cited a healthy economy and low stockpiles as reasons behind its decision.