Oil price slips to $45.33

Oil prices scaled down after remaining higher for better part of the trading session. While the NYMEX U.S. light crude oil for February series fell 10 cents to $45.33 a barrel, the London Brent crude oil dipped 25 cents to close at 42.90 per barrel.

In the metal category, the COMEX gold rose 30 cents to settle at $419.70 an ounce.