Oil prices declined further Thursday but stayed above $101 per barrel as concern about Ukraine eased and U.S. supplies rose, AP reported.
Benchmark U.S. crude for April delivery was down 13 cents at $101.32 per barrel at 1040 GMT in electronic trading on the New York Mercantile Exchange. On Tuesday, oil plunged $1.88, or 1.8 percent, to close at $101.45.
Brent crude, used to set prices for international varieties of crude, was up 21 cents to $107.97 per barrel on the ICE exchange in London. It dropped $1.54 a day earlier to $107.76 a barrel.