Oil prices ease as U.S. stockpiles seen rising

Oil prices eased on Tuesday on expectations of another rise in U.S. stockpiles and as Saudi Arabia keeps output near record highs, but prices remained near a 2015-peak reached last week. Crude prices have climbed around 18 percent since the start of April on speculation about falling U.S. output after the domestic oil rig count hit 2010 lows. Still, U.S. commercial crude oil inventories are likely to have increased by 2.4 million barrels last week, marking a rise for the 15th consecutive week, a preliminary Reuters survey showed. Brent crude for June delivery (LCOc1) was down 17 cents at $63.28 by 0141 GMT, after settling flat on Monday.

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