Seoul — Oil prices were mixed in early Asian trade on Friday as the market waited to see whether major oil producers would extend supply cuts beyond March at a meeting in Vienna later in the day.International benchmark Brent crude futures were at $56.35 a barrel at 2.49am GMT, down 8c or 0.1% from their last close.US West Texas Intermediate (WTI) crude futures were up 5c or 0.1% at $50.60 a barrel.The Organisation of the Petroleum Exporting Countries (Opec) and other producers are set to meet in Vienna at 8am GMT (10am SA time) on Friday to discuss a possible extension of an oil supply cut deal to prop up prices.Goldman Sachs said talks over extending cuts were "noteworthy but premature", adding: "We believe it is unlikely that committee will recommend extension of cuts this week." Michael McCarthy, chief market strategist at CMC Markets in Sydney, predicted there would be "strong rhetoric but whether or not they will be able to boost oil prices from current high levels is another q...
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