Oil prices mixed in Asian trade

SINGAPORE: Oil was mixed in Asia on Wednesday with extreme US weather and renewed conflict in South Sudan providing support to prices amid pressure to lock in profits from recent gains.

New York's main contract West Texas Intermediate (WTI) for March gained 29 cents in late morning trade to 102.72 while Brent North Sea crude eased 26 cents to 110.20 for its April delivery. WTI had surged 2.13 while Brent crude gained 1.28 in closing deals on Tuesday.