Oil eased on Wednesday following an industry report showing a surprise build in US crude stockpiles, but hopes surrounding the signing of the first phase of a US-China trade deal prevented a bigger drop in prices.
Brent crude futures dropped 15 cents, or 0.23 per cent, to $64.12 a barrel by 0421 GMT, while West Texas Intermediate (WTI) crude futures fell 16 cents, or 0.27 per cent, to $58.25 per barrel.
