Oil prices nudged higher in Asian trade on Monday, after initially falling on concerns about the outcome of a eurozone meeting on the Greek debt crisis later in the day and continuing worries about global oversupply. Prices rebounded from early lows after a European Commission official tweeted the latest proposal from Greece was a “good basis for progress” in Monday’s talks. “We’re seeing … a snap back from Friday’s losses, which were too aggressive,” said Ben Le Brun, market analyst with Sydney’s OptionsXpress. Oil prices fell nearly 2 per cent on Friday over worries about a Greek debt default. “On a 24 hour basis we’ll see some volatility depending on what happens with Greece,” said Ric Spooner, chief market analyst at Sydney’s CMC Markets. Brent crude for August delivery was up 8 cents at $63.10 a barrel as of 0559 GMT, after dipping as much as 52 cents […]