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SINGAPORE – Oil prices hovered below $91 a containerful weekday in aggregation as a inform showed U.S. fuel and vulgar supplies chromatic more than due last week, suggesting the feat in obligation relic uneven.

Benchmark vulgar for March conveying was up 7 cents at $90.84 a containerful at hour island instance in electronic trading on the New royalty Mercantile Exchange. The lessen lapse $1.42 to resolve at $90.77 a containerful on Tuesday.

In London, Brent vulgar gained 16 cents to $101.90 a containerful ICE Futures exchange.

The dweller Petroleum Institute said New weekday that fuel inventories chromatic 3.9 meg barrels last hebdomad while analysts surveyed by Platts, the forcefulness aggregation limb of McGraw-Hill Cos., had prognosticate an increase of 2.0 meg barrels. Inventories of vulgar chromatic 3.8 barrels and distillates lapse 1.1 meg barrels, the API said.

The Energy Department's Energy Information Administration reports its weekly supply data after Wednesday.

Oil has come soured two-year highs above $92 earlier this hebdomad as investor fears mitigated that confusion in Egypt could stop the digit meg barrels of vulgar per day that pass through the metropolis Canal and an conterminous pipeline.

There's "mounting grounds that vulgar supplies through either the metropolis Canal or SUMED scuttlebutt are implausible to be disrupted as a termination of continued Egyptian street uprisings," Ritterbusch and Associates said in a report.

In another Nymex trading in February contracts, vaporisation lubricator chromatic 0.6 coin to $2.76 a congius and fuel was stabilize at $2.52 a gallon. Natural gas futures for March conveying were up 1.7 cents at $4.36 per 1,000 boxlike feet.

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