Oil prices eased ahead of release of the latest US crude stockpiles data that will indicate demand in the world's biggest economy as the winter approaches an end. Demand for finished petroleum products such as heating oil, which shows increased consumption during winter, is likely taper as spring approaches. New York's main contract, West Texas Intermediate for April delivery, eased to US$101.7, while Brent North Sea crude dipped to US$109.3. Total crude stockpiles in the United States is estimated to have risen by 800,000 barrels in the week to February 21, indicating weak demand.
26-Feb-14 
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