SINGAPORE: Crude prices were mixed in Asian trade Tuesday as oil kingpin Saudi Arabia's pledge to
ensure sufficient supplies partially eased investor worries, analysts said.
New York's benchmark West Texas Intermediate contract for April delivery fell five cents to $96.92 and
Brent North Sea crude for April delivery was up 21 cents to $112.01. Fears about supply disruption sent
Brent soaring close to $120 last week.
Saudi Arabia, OPEC's largest producer, said on Monday it was committed to the stability of the oil market
after Libya's crude production dropped as the country is hit by unrest. The government, in a statement
carried by the state-run SPA news agency, said the cabinet met and discussed the anti-regime protests
shaking Libya "and their repercussion on oil production in that country."
