The main US futures contract, West Texas Intermediate (WTI) for March delivery, eased 18 cents to $100.19 in mid-morning Asian trade while Brent for March delivery was down seven cents at $108.72.
Sanjeev Gupta, the head of the Asia-Pacific oil and gas practice at consultancy firm EY, said prices retained support following a rise in Chinese crude imports as well as investor confidence that the US Federal Reserve will continue its accommodative monetary policy.
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