Geo 436 SINGAPORE: Oil prices were mixed in Asian trade Friday as sagging demand in the United States, the world’’s largest energy consuming nation, limited the market’’s gains, analysts said. New York’’s main contract, light sweet crude for delivery in June, was up five cents to 83.75 dollars a barrel. Brent North Sea crude for June fell two cents to 85.65 dollars. The market was weighed down by a report Wednesday from the US Department of Energy (DoE) which showed an unexpected increase in crude and product stocks, analysts said. The rise indicates weaker demand as the world’’s biggest economy struggles to recover from its worst economic downturn since the 1930s.
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