Oil mixed in Asian trade

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SINGAPORE, July 7 (AFP): Oil was mixed at around 64 dollars a barrel in Asian trade today as worries over the weak US economy weighed on prices, analysts said.
In afternoon trade, New York's main contract, light sweet crude for August delivery, fell 21 cents to 63.84 dollars a barrel.
Brent North Sea crude for August delivery was up two cents to 64.07.
Oil had slumped Monday to 10-week lows, extending falls last week, after US data showed job losses surged more than expected to 467,000 in June, raising fresh doubts about the pace of recovery in the world's biggest energy user.
Investors are also monitoring the situation in Nigeria where militants have continued to carry out attacks on oil installations and kidnapped oil workers in the crude-producing Niger Delta region.
The Movement for the Emancipation of the Niger Delta (MEND) said Monday it destroyed a Chevron oil pipeline junction and seized six crew from a ship in the latest attacks on Nigeria's key money earner since an amnesty offered by the government last month.
MEND, which says it is fighting for a fairer distribution of the Delta oil wealth, is the strongest of a number of groups that have been fighting in the region since 2006 and has targeted Shell, Chevron and Italian group Agip.
The unrest has helped substantially reduce Nigeria's oil output from around 2.6 million barrels a day in 2006 to some 1.8 million barrels today, putting pressure on crucial export earnings.