Crude oil futures in Asia continue their downward trend amid US gasoline stock build, poor demand outlook
19.08.2021
MOSCOW (MRC) -- Crude oil futures extended losses sustained overnight during mid-morning Asian trade Aug. 19, as concerns over the slowdown in oil demand intensified after US data showed a build in US gasoline stockpiles, while investors remained spooked by the delta variant spread, reported S&P Global.At 10:32 am Singapore time (0232 GMT), the ICE October Brent futures contract was down