Mubasher: Oil prices saw a slide in early trading, shrugging off lowering U.S oil stockpiles.
By 7:00 GMT, Brent Crude dipped by 0.2% to $47.51 per barrel.
U.S Crude oil for delivery in June also slipped 0.1% to $46.18 a barrel.
Yesterday, oil prices pushed higher after U.S oil stockpiles declined by 3.4 million barrels last week as per data by U.S. Energy Information Administration