Brent crude slipped 30 cents to $122.37 a barrel, as a fall in China's imports in March raised concerns about oil demand growth in the world's second-biggest consumer.
Brent crude slipped 30 cents to $122.37 a barrel, as a fall in China’s imports in March raised concerns about oil demand growth in the world’s second-biggest consumer.
China’s overall imports grew 5.3%, while exports rose to 8.9%, reports Reuters.
US oil remained the same at $102.46, following news that nation’s commercial crude inventories are expected to rise further.
