NEW YORK, Dec. 12 (Xinhua) -- Oil prices dipped on Thursday.
The West Texas Intermediate for January delivery decreased 27 cents, or 0.38 percent, to settle at 70.02 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for February delivery dropped 11 cents, or 0.15 percent, to settle at 73.41 dollars a barrel on the London ICE Futures Exchange. ■
