US benchmark for August delivery was down 21 cents at $102.92 in afternoon trade

SINGAPORE: On Monday, Oil turned mixed in Asian trade, with analysts saying prices are supported by fears about an escalation of the Ukraine crisis later than the devouring of a Malaysian airliner. Investors were also eyeing developments in the Middle East later than Israel launched a land offensive against Hamas activists in Gaza, fuelling concerns about the petroleum-rich area.

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West Texas Intermediate US benchmark for August delivery was down 21 cents at $102.92 in afternoon trade, a day before the contract runs out.

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