MELBOURNE - Oil prices inched up in early trade on Monday after falling around 8 percent last week to more than three-week lows as jitters over major economies outweighed signs of a demand recovery in China, the world's top oil importer. Brent crude futures crawled up 16 cents, or 0.2 percent, to $80.10 a barrel at 0022 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 15 cents, also 0.2 percent higher, to $73.54 a barrel. Last Friday, WTI and Brent slid 3 percent after strong U.S. jobs data raised concerns that the Federal Reserve would keep raising interest rates, which in turn boosted the dollar. While recession fears dominated the market last week, on Sunday I...Keep on reading: Oil prices edge higher as IEA’s Birol talks up China demand outlook