Oil prices have slid below 100 dollars per barrel in Asian trading as demand for crude products falls due to the record high prices.

Light sweet crude for May delivery reached 99.81 dollars per barrel, down $2.73 from Wednesday's 102.54 dollars in US floor trading.

London Brent crude for May delivery fell 1.51 dollars to $99.21 a barrel.

According to the US Energy Information Administration's weekly inventory report, the overall consumption of oil and crude products dropped 3.2 percent in the last four weeks compared to the same period last year.

Oil demand usually drops between April and June as refineries close for maintenance to prepare for the rise in summer demand.

MK/AA