SINGAPORE: World oil prices fell in Asia on Thursday after US inventory reports showed another rise in crude stocks.
New York's main futures contract, light sweet crude for March delivery, eased 16 cents to 42.00 dollars a barrel.
Brent North Sea crude for March fell 25 cents to 44.65 dollars. The United States said in its weekly energy report Wednesday that crude reserves jumped 6.2 million barrels in the week to January 23, which was more than double market expectations and indicated weaker demand.
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