Crude was mixed in Asian trade on Tuesday after prices hit two-year highs in overnight trade, analysts said.

New York’s main contract, light sweet crude for December delivery, dropped 52 cents to USD 86.54 a barrel while Brent North Sea crude for December delivery rose 11 cents to USD 88.22. 

Some investors chose to take profits after the New York contract rose to USD 87.49 in intraday trade on Monday, its highest level since late 2008, analysts said. 

A stronger greenback was also a factor as it makes dollar-priced oil more expensive for investors holding other currencies and tends to weaken their risk appetite for commodities including crude futures. 

In early Asian trade, the euro fell to USD 1.3869 from USD 1.3917 in US trade on Monday. 

Oil prices have been boosted in recent days by the US Federal Reserve’s decision to inject an additional USD 600 billion into the market to help stimulate the world’s biggest economy.