December 12, 2013 3:00 PM

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Oil prices ease in Asian trade

Oil prices eased in Asian trade on Thursday on a mixed US inventory report indicating tepid demand, while expectations of a return of Libyan supplies also weighed. New York's main contract, West Texas Intermediate for January delivery, was down four cents at 97.40 dollar in mid-morning trade while Brent North Sea crude for January eased 20 cents to 109.50 dollar.

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