Agence France-PresseFebruary 24, 2014 23:32
Oil prices eased in Asian trade Tuesday as caution set into the market ahead of the release of US economic and stockpiles data, analysts said.
New York's main contract, West Texas Intermediate for April delivery, fell 40 cents to $102.42 in mid-morning trade.
Brent North Sea crude for April was down 15 cents to $110.49.
"Lack of strong supportive news contributed to some downside in crude oil," Tan Chee Tat, investment analyst at Singapore-based Phillip Futures, told AFP.