Oil prices mixed in Asian trade

SINGAPORE: Oil prices were mixed in Asian trade on Wednesday after hitting multi-month highs on the back of upbeat housing data in the United States, analysts said.New York's main contract, light...

By
AFP
|
Oil prices mixed in Asian trade
SINGAPORE: Oil prices were mixed in Asian trade on Wednesday after hitting multi-month highs on the back of upbeat housing data in
the United States, analysts said.

New York's main contract, light sweet crude for delivery in March, dropped two cents to $97.55 a barrel in the afternoon, while Brent North Sea crude for March delivery gained six cents to $114.42.