Oil prices declined in early Asian trading but remained above $100 a barrel as the Middle East conflict continued to pressure supply. Antonio Di Giacomo of XS.com said a combination of geopolitical risks and physical supply disruptions was supporting crude prices. He said the bullish bias could persist while Brent remains around $109 a barrel and WTI above $106. Di Giacomo also warned that prolonged supply disruptions could increase transportation, production and fuel costs, complicating the Federal Reserve’s monetary policy outlook. Front-month Brent futures fell 0.9% to $107.82 a barrel, while front-month WTI futures dropped 0.9% to $104.87.