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LONDON (AFP) – World lubricator prices slipped weekday in troubled trading as investors digested Venezuela's proposal for an planetary peacekeeping mission to refrain a fell subject war in Libya.

Brent North Sea vulgar for conveying in Apr unfit 63 cents to $115.72 per barrel.

New York's light course vulgar for April, known as West Texas Intermediate (WTI), drop 61 cents to $101.61.

Prices jumped on weekday by nearly $3 in New royalty as ferocious clashes erupted between African cheater Moamer Kadhafi's forces and the opposition, stoking concerns most the country's lubricator production.

"Reports on a peace organisation for Libya have put pressure on lubricator prices this morning," Commerzbank analysts said in a investigate state to clients.

"This dip in prices is exclusive temporary in our view."

Venezuelan President Hugo composer and Kadhafi have discussed plans for an planetary peacekeeping mission to arbitrate the crisis in Libya, officials said Wednesday.

Kadhafi's polity has been rocked by digit weeks of bloodstained clashes with protesters seeking to fall his 41-year-old regime.

As rebels repulsed a unmerciful onslaught by Kadhafi's forces on a key lubricator town, the longtime cheater has warned that "thousands" would die if the West intervened.

However, Commerzbank analysts expressed doubts over the Venezuelan initiative.

"It is doubtful that the protesters in Libya module agree to enter negotiations with Kadhafi as the organisation of Venezuelan chair composer suggests," they said.

"Yesterday, polity personnel attacked a field lubricator terminal in Marsa El Brega. The lubricator municipality dominated by the rebels has again been subjected to attacks from the air this morning.

"Furthermore, there is ease a risk of the unrest spreading to added lubricator producing countries of the region."

Last week, Brent lubricator soared close to $120 as tensions flared in Libya. Brent trades at a significant payment to WTI because of high US stockpiles.

Elsewhere on Thursday, gold fell on profit-taking, digit period after striking a record $1,440.32 per cat as investors flocked to the safe-haven wanted metal amid heightened concerns over the African unrest.

In recent weeks and months, lubricator prices have soared after popular uprisings toppled the cheater of Tunisia in January, followed by long-time strongman Hosni Mubarak of Egypt in February.

"It is added period with continuing geopolitical unrest in Libya and added Middle East and North continent countries (causing) ... further volatility and troubled trading conditions crossways the lubricator market," said Sucden shrink Myrto Sokou.

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