Oil prices eased on Wednesday over caution that a price rally that lasted for most of the third quarter would not extend through the last three months of the year. U.S. West Texas Intermediate crude oil futures were trading at $50.05 per barrel at 0032 GMT, down 37 cents, or 0.7 percent, from their last close.

Brent crude futures, the international benchmark for oil prices, were down 35 cents, or 0.6 percent, at $55.65 a barrel. Traders said the drops came over concerns that a third-quarter market rally that had lifted Brent to mid-2015 highs by late September had been overdone.

For Equity Trading Tips>> Give A Missed Call @ 9644405056.