Oil hovers above $108 amid mixed US supply report
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Oil prices hovered above $108 a barrel Wednesday in Asia after a US crude supply report showed mixed signals about demand.
Benchmark crude for April delivery was down 21 cents at $108.13 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract fell 13 cents to settle at $108.34 on Tuesday. (AP)
