Oil was up in Asian trade today as traders engaged in bargain-hunting after crude prices slid below 95 dollars per barrel in overnight trade. New York's main contract, West Texas Intermediate light sweet crude for July delivery, rose 48 cents to 95 dollars 29 cents barrel. Brent North Sea crude for delivery in August gained 99 cents to 114 dollars on its first trading day. Markets had also been rattled by the failure of Euro zone finance ministers to reach an accord in Brussels Tuesday on a second bailout package aimed at averting a Greek debt default, sending the dollar sharply higher against the euro.