Oil prices slipped Thursday, after nearly matching the record $100 a barrel reached a day earlier on escalating violence in Nigeria, a weaker U.S. dollar and a view that global demand for oil will outstrip supplies.
Analysts said crude futures could top $100 a barrel if the U.S. government reports crude inventories fell by more than expected in a data release expected later Thursday.
"We're so close to $100 right now," said Victor Shum, an energy analyst with Purvin & Gertz in Singapore. "If the U.S. inventory report indeed shows stock draws, and particularly bigger than expected draws, plus a heightening of geopolitical risks and a falling …
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