Crude edges lower in Asia trade as OPEC+ comment dashes output cut hopes

Crude edges lower in Asia trade as OPEC+ comment dashes output cut hopes
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15.10.2020

MOSCOW (MRC) -- Crude oil futures edged lower in mid-morning trade in Asia Oct. 14 as comments dashing hopes of an extension to the current OPEC+ production cut countered strong China import data that had fueled sharp overnight gains, reported S&P Global.At 11.05 am Singapore time (0305 GMT) ICE Brent December crude futures were down 17 cents/b (0.4%) from the Oct. 13 settle at USD42.28/b

Full article at mrcplast.com

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