Crude prices mixed in Asia after ECB rate cuts

SINGAPORE: Oil prices were mixed in Asian trade Friday after the European Central Bank (ECB) announced an unprecedented cut in interest rates, while tensions between Ukraine and Russia look to be easing.

US benchmark, West Texas Intermediate (WTI) for delivery in July eased one cent to $102.47 a barrel while Brent North Sea crude for July was up 10 cents at $108.89.

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