Oil prices dipped on Thursday, ending two days of increases as record U.S. crude inventories outweighed a fall in gasoline stocks and disruptions in Libyan supplies. Prices for front-month Brent crude futures LCOc1, the international benchmark for oil, were at $52.31 per barrel at 0151 GMT, down 11 cents from their last close. In the United States, West Texas Intermediate (WTI) crude futures CLc1 dropped 4 cents to $49.47 a barrel. The falls came after two days of price increases which supported Brent above $50 a barrel and lifted WTI close to that level. Traders said record U.S. crude inventories were behind the price dips. U.S. crude inventories USOILC=ECI rose 867,000 barrels in the week ending March 24. Total inventories were at a record of nearly 534 million barrels, the Energy Information Administration (EIA) said on […]