Oil prices mixed in Asian trade

SINGAPORE: Oil prices were mixed in Asian trade Wednesday as concerns over Europe's sovereign debt crisis continue to niggle investors, despite Spain's above-target bond auction.

New York's main contract, West Texas Intermediate crude for delivery in May was up three cents to $104.23 per barrel while Brent North Sea crude for June shed 11 cents to $118.67 in morning trade.

"Brent remains weighed by concerns about the debt situation in Europe despite the successful bond sale in Spain... Things could change easily and investors have an eye on that," Justin Harper, market strategist at IG Markets Singapore, told AFP.