Global crude oil prices eased, today, as concerns over a crude and refined fuel glut outweighed an expected cut in U.S. shale production and a probable further drop in U.S. crude inventories. Brent crude oil futures slipped 11 cents, to 46.85 dollars a barrel. U.S. crude also fell 11 cents, to 45.13 dollars a barrel. Fuel inventories in the United States, Europe and Asia are brimming despite this being the peak summer driving season, leading traders to store diesel on tankers at sea amid wilting demand growth. With landed oil product storage nearly full as well, there is little support for any sustained recovery in crude prices even as output tapers. U.S. shale oil production is expected to fall in August for a tenth straight month, by 99,000 barrels per day. And China's crude imports grew 14.2 percent between January to June.