LONDON:– World oil prices eased Tuesday after Brent crude had pushed close to $50 a barrel thanks to fading concerns about a long-standing supply glut.  Around 1130 GMT, US benchmark West Texas Intermediate (WTI) for delivery in June was down two cents at $47.70 a barrel. Brent North Sea for July delivery dropped 30 cents to $48.67 compared with Monday's close. Brent had Monday reached $49.47 a barrel -- the highest point since early November. WTI struck $48.42, a peak since mid-October, before profit-taking set in. "A break above $50 in the next few days is very possible," said BMI Research oil and gas analyst Peter Lee.–AFP