Oil prices lower ahead of key US jobs data

SINGAPORE: Oil prices dipped in Asian trade Friday as investors keep an eye on Egypt while also awaiting US jobs data that could provide a clue to when the Federal Reserve will end its massive stimulus programme, analysts said.

New York's main contract, West Texas Intermediate (WTI) light sweet crude
for delivery in August, was down 26 cents at $100.98 a barrel in morning trade, while Brent North Sea crude for August fell 14 cents to $105.40.