Oil prices ease on China demand worries, supply forecasts

TOKYO/BEIJING  -Oil prices drifted lower on Friday after rallying the day before, as geopolitical tensions and disruptions in U.S. oil production from a cold blast were countered by concerns over slow demand growth in China and ample supply forecasts. Brent crude futures fell 23 cents, or 0.3 percent, to $78.87 a barrel by 0420 GMT, Read The Rest at :