Oil prices reverse course after a four-session climb and are falling as concerns resurface about Europe's economy.
Benchmark oil fell 61 cents to $95.40 in morning trading on the New York Mercantile Exchange.
Brent crude dropped 44 cents to $113.27 in London.
In a report issued today, the German central bank questioned the wisdom of having the European Central Bank buy bonds to help the struggling European economies. It stressed that such purchases could carry "substantial risks."
Earlier in the session, oil prices rose hitting a day high of $96.53 a barrel, on the back of rising consumer confidence in the US economy.