Benchmark oil for April delivery was down 3 cents to $106.68 at midday Singapore time.
Oil prices hovered below $107 a barrel Wednesday in Asia after a report showed a jump in U.S. crude supplies, a sign demand remains sluggish.
Benchmark oil for April delivery was down 3 cents to $106.68 at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose 37 cents to settle at $106.71 per barrel in New York on Tuesday.
Brent crude was steady at $126.22 per barrel in London.
Brent crude was steady at $126.22 per barrel in London.
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