Crude oil futures climb in Asia on hurricane season concerns, pares losses after selloff
25.05.2021
MOSCOW (MRC) -- Crude oil futures jumped during mid-morning trade in Asia May 24, as the market grew anxious of another above-normal hurricane season, while paring losses from a selloff during the week ended May 21 due to concerns over an influx of Iranian barrels into the market, reported S&P Global.At 11:39 am Singapore time (0339 GMT), the ICE Brent July contract was up 50 cents/b (0.