Oil prices ease on US demand concerns

By Nicole Jao NEW YORK (Reuters) - Oil prices eased on Wednesday after data showing an increase in U.S. diesel stockpiles stoked worries about demand and the U.S. Federal Reserve cut interest rates as expected. Brent crude futures settled 52 cents, or 0.76%, lower to $68.22 a barrel while U.S. West Texas Intermediate crude futures lost 47 cents, or 0.73%, at $64.05. U.S. crude inventories fell sharply last week with a jump in exports and a sharp decline in imports, the Energy Information Administration ...