Oil prices ease from June highs on weaker physical market

By Henning Gloystein SINGAPORE (Reuters) - Oil futures dipped on Thursday after Saudi Arabia trimmed the price of its flagship crude to Asia, but were still near more than three-month highs following a drop in U.S. crude inventories. U.S. West Texas Intermediate (WTI) crude futures were trading at $49.55 per barrel at 0544 GMT, down 28 cents or 0.6 percent from their last settlement. International Brent futures were down 28 cents, or 0.5 percent, at $51.58 per barrel.