Today, crude oil futures drop for 3rd session on rising crude stocks 3 Feb

Mcx : Oil futures expanded losses into a 3rd session in Asian trade today, as U.S. crude stocks last week overflow to more than half a billion barrels and as Iran plans to increase exports from March month.

Brent for April delivery dropped down 25 cents to $32.47 a barrel as of 0204 GMT, after settling down $1.52, or 4.4 per-cent.

United States mcx crude , also known as West Texas Intermediate (WTI) , fell 27 cents to $29.61, after closing the previous trading session down $1.74, or 5.5 per-cent. Crude Oil prices are coming off again. Prices are going to zig-zag for a while," told by Tony Nunan, oil risk manager at Mitsubishi Corp in Tokyo.