Oil slips to $46.92/bbl

Oil prices continue to falter in the international market. While the Nymex U.S. light crude oil for June delivery dipped 33 cents to $46.92 a barrel, the London Brent crude fell 17 cents to settle at $47.90 per barrel.

In the metal segment, the Comex gold dropped $1.10 to close at $420.80 an ounce.