Agence France-PresseFebruary 20, 2014 17:32
Global oil prices slipped Thursday as US distillate stocks fell less than expected despite severe winter weather and weak manufacturing data dented demand expectations in China.
The main US futures contract, West Texas Intermediate (WTI) for March, closed at $102.92 a barrel, down 39 cents from Wednesday on the New York Mercantile Exchange.
Brent North Sea crude for delivery in April, shed 17 cents to settle at $110.30 a barrel in London trade.
The US Department of Energy's weekly oil inventories report was "slightly bearish," said John Kilduff of Again Capital.