Updated on
Summary
Oil slipped in Asia as dollar falls and oil demands increased in the US on Thursday. Light sweet crude oil for July delivery settled down by $77.7 a barrel with a decrease of 60 cents. London Brent North Sea delivery contracts down by 24 cents at $77.90 cents per barrel. Traders said that decrease in house building in the US and fall in Yen caused the oil prices come down in Asia.
