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Singapore - Oil prices were mixed in Asia on Tuesday, coming under pressure on concerns about fragile demand, flush global supplies and a surging US dollar, analysts said.
US benchmark West Texas Intermediate (WTI) for October delivery rose 33 cents to $92.99 in late-morning trade, while Brent crude for October fell 9c to $100.11.
WTI had dropped 63c to $92.66 in New York, its lowest level since January, while Brent declined 62c to $100.20 in London after initially falling below the $100 threshold in intra-day trading.
"The unexpectedly weak US jobs number puts doubt in the global oil demand outlook matched against more than ample oil supply," United Overseas Bank said in a note.
A below-forecast US jobs report and disappointing manufacturing data out of Europe and China last week have compounded investors' fears about weakening global energy demand.
A surge in the US dollar following a fall in US bond prices has also put pressure on crude prices, analysts said.
The US dollar was buying ¥106.25 in Asia on Tuesday, compared with ¥106.03 on Monday in New York.
A stronger greenback makes dollar-priced oil and commodities more expensive for buyers using weaker currencies, denting demand and pushing prices lower.
Investors are keeping a close watch on insurgencies in crude producers Libya and Iraq as well as Ukraine, a key conduit for Russian gas exports to Europe.
