Feb 18 (Reuters) - In a holiday-shortened week, futures linked to Canada's main stock index edged higher on Tuesday as investors prepared for key economic data releases later in the day.

March futures on the S&P/TSX index SXFcv1 rose by 0.22% at 6:23 a.m. ET (11:23 GMT).

Market participants anticipate the release of Canadian consumer price data for January at 08:30 a.m. ET.

Minutes from the U.S. Federal Reserve's January meeting, where interest rates were maintained at 4.25% to 4.5%, are expected on Wednesday.

Oil prices LCOc1, CLc1 extended their gains from the previous session following a drone attack on an oil pipeline pumping station in Russia, which curtailed flows from Kazakhstan.

In Riyadh, U.S. and Russian officials engaged in the highest-level discussions to date between the two former Cold War rivals, focusing on ending the conflict in Ukraine.

A resolution to the conflict is anticipated to ease sanctions on Russia, potentially leading to a decrease in global crude prices.

Meanwhile, the threat of tariffs somewhat receded as global attention shifted to the developments in the Ukraine conflict involving U.S. President Donald Trump and his Russian counterpart, Vladimir Putin.

Earlier this month, Trump initiated a trade conflict by imposing tariffs on Mexico and Canada. He later paused them but maintained duties on Chinese goods.

Gold prices XAU= continued their upward momentum, driven by persistent demand for safe-haven assets.

The S&P/TSX composite index .GSPTSE on Friday fell 215.28 points, or 0.8%, to 25,483.23.

In corporate news, a Bombardier BBDb.TO CRJ900 operated by Delta Air Lines DAL.N overturned upon landing at Toronto Pearson Airport on Monday amid windy conditions following a snowstorm, resulting in injuries to 18 of the 80 passengers.

Furthermore, data revealed that foreign investors purchased a net C$14.37 billion ($10.13 billion) in Canadian securities in December.

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(Reporting by Pranav Kashyap in Bangalore; Editing by Shreya Biswas)

((Pranav.Kashyap@thomsonreuters.com; +919886482111;))