Oil prices eased today after initially rising to 10 month highs earlier in the session as investors took profits. After Brent topped $95 a barrel on Tuesday, investment bank UBS said in a note it started taking profits. Still, strategists there expect Brent to trade in a range of $90-100 per barrel over the coming months, with a year-end target of $95 per barrel. Meanwhile interest rate decisions are due this week from the central banks of the U.S., Britain, Japan, Sweden, Switzerland and Norway. WTI traded down $.28 to close at $91.20. Brent traded down $.09 to close at $94.34. The contracts had earlier hit highs of $91.20 and $94.34 respectively.

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