Oil prices fell Tuesday on expectations of rising U.S. stockpile.

Analysts said the market expect data to show U.S. oil stockpile rising to a record high. The U.S. Energy Information Administration will release its weekly Petroleum Status Report on Wednesday.

The U.S. light tight oil production is expected to make a strong comeback and grow by 1.4 million barrels per day by 2022 if prices remain at around 60 U.S. dollars a barrel, said the International Energy Agency on Monday.

The U.S. drillers added seven oil rigs in the week to March 3, bringing the total count up to 609, the most since October 2015, oilfield service company Baker Hughes said on Friday.

The West Texas Intermediate for April Delivery erased 0.06 U.S. dollars to settle at 53.14 dollars a barrel on the New York Mercantile Exchange, while Brent crude for May delivery decreased 0.09 dollars to close at 55.92 dollars a barrel on the London ICE Futures Exchange.