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Oil edges down after expected climb in U.S. output

Reuters  |  TOKYO 

By Aaron SheldrickTOKYO (Reuters) - Oil prices fell in thin trade on Tuesday after the Easter holiday break shut many markets for as long as four days and as a U.S. government report indicated rising production.Benchmark Brent crude futures were down 4 cents at $55.32 at 0649 GMT. They ended a quiet session on Monday down 53 cents at $55.36, after rising the three previous weeks.U.S. West Texas Intermediate (WTI) crude futures were also down 4 cents at $52.61 a barrel. They settled down 53 cents at $52.65 a barrel.The benchmark for U.S. oil had also risen for three straight weeks through ...

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First Published: Tue, April 18 2017. 12:27 IST