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Oil prices ease but supply cuts keep Brent above $90/bbl.

Oil prices eased on Monday as a stronger dollar and economic concerns in China weighed on fuel demand outlook although Brent held above $90 a barrel, supported by tightening supplies after Saudi Arabia and Russia extended supply cuts.

Brent crude fell 10 cents, or 0.1%, to $90.55 a barrel by 0541 GMT while U.S. West Texas Intermediate crude was at $87.09 a barrel, down 42 cents, or 0.5%.