Oil edges higher as traders eye producer talks on extending supply cuts

SEOUL (Reuters) - Oil prices nudged higher on Friday as traders await cues from a meeting that could take place as soon as this weekend where major oil producers will discuss whether to extend record production cuts. Brent crude futures were up 20 cents, or 0.5%, at $40.19 a barrel as of 0419 GMT, while U.S. West Texas Intermediate (WTI) crude futures were up 8 cents, or 0.2%, to $37.49 a barrel.Brent has risen about 14% this week, while WTI is up nearly 6%, leaving benchmarks on track for a..