Crude oil futures drop in Asia after concerns of tight supply eased

Crude oil futures drop in Asia after concerns of tight supply eased
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17.11.2021

MOSCOW (MRC) -- Crude oil futures were lower during mid-morning trade in Asia Nov. 17, after concerns of tight supply eased amid expectations of increasing US shale activity and reports of the US requesting China to release its oil reserves, reported S&P Global.At 11:24 am Singapore time (0324 GMT), the ICE January Brent futures contract was down 63 cents/b (0.76%) from the previous close

Full article at mrcplast.com

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