| GEO Business | | Oil mixed in Asian trade | Updated at: 0924 PST, Thursday, May 13, 2010
SINGAPORE: Oil prices were mixed in Asian trade Thursday as investors digested the impact of a trillion-dollar eurozone bailout package, analysts said.
New York's main contract, light sweet crude for June delivery, shed 22 cents to 75.43 dollars, while London's Brent North Sea crude for June rose 22 cents to 81.42 dollars a barrel.
Oil prices were "recalibrating to the current environment" where global markets are pondering whether the bailout plan is enough to stave off a financial contagion in the eurozone arising from Greece's debt problems.
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