Crude oil prices edged higher in Monday trading after Saudi officials said Monday there would be ample oil on hand to meet China’s growing demand. Brent crude oil edged up a fraction of a percent in Monday trading to $65.37 per barrel for the June contract. Brent crude oil, which topped $100 per barrel in June 2014, remains traded in a bear market, but gained nearly 18 percent since the start of April . Crude oil prices remain depressed in a market favoring the supply side. Saudi Arabia has maintained a high level of oil production despite the slump, arguing it needs to protect its market share in an economy in flux because of the glut of U.S. oil. […]