FILE PHOTO: A flare burns off excess natural gas in the Permian Basin oil field near Odessa, Texas, U.S. February 18, 2025. REUTERS/Eli Hartman/File Photo By Pranav Mathur and Emily Chow SINGAPORE - Oil prices edged higher on Tuesday, though gains were capped as traders looked beyond easing geopolitical tensions in the Middle East and turned their attention to supply increases and demand prospects.