Baku – APA-Economics. Oil prices dipped on Thursday, weighed down by signs some Libyan crude exports will resume soon and weak trade data in China, the world's second-biggest oil consumer, Channel News Asia reported.
US benchmark West Texas Intermediate for May delivery declined 20 cents to finish at $103.40 a barrel on the New York Mercantile Exchange.
Brent North Sea crude for May dropped 52 cents to stand at $107.46 a barrel in London.