Oil futures traded higher Friday, on track for a monthly gain, as investors weighed an uncertain demand outlook, while bulls took encouragement from a slumping U.S. dollar. West Texas Intermediate crude for September delivery CL.1, -0.15% CLU20, -0.15% was up 32 cents, or 0.8%, at $40.24 a barrel on the New York Mercantile Exchange, while October Brent crude BRN00, -0.21%, the global benchmark, added 23 cents, or 0.5%, to trade at $43.48 a barrel on ICE Futures Europe. WTI was on track for a monthly rise of more than 2%, while Brent was up more than 5% for July. “Despite the resilient and rangebound nature of oil ... (full story)