Oil prices ease on uncertainty over US debt deal

TOKYO: Oil prices eased in Asian trade on Tuesday as dealers nervously wait for US lawmakers to agree a budget deal and raise the country's borrowing limit to avert a default.

New York's main contract, West Texas Intermediate (WTI) for delivery in
November, fell 17 cents to $102.24 a barrel, while Brent North Sea crude for November shed eight cents to $110.96 a barrel.