Oil prices extended losses in Asian trade today as investors took profits after a recent rally. Prices had surged after the US Federal Reserve decided tocontinue with its USD 85 billion-a-month bond-buying programme to support US economic growth, confounding market expectations that it would announce a scaling down of the scheme. New York's main contract, West Texas Intermediate for October delivery, fell 33 cents to USD 106.06 a barrel in morning trade after sinking USD 1.68 at the close in New York yesterday. The European benchmark, Brent North Sea crude for delivery in November, dipped 15 cents to USD 108.61 after declining USD 1.84 in London the day before.