Crude oil futures rise in Asia on bargain hunting and optimistic demand outlook
24.08.2021
MOSCOW (MRC) -- Crude oil futures were higher in mid-morning trade in Asia Aug. 23 amid bargain hunting by investors after the rout in oil prices last week, with analysts noting the demand outlook remained optimistic as the West refrains from overly-strict restrictions to curb delta variant outbreaks, reported S&P Global.At 10:58 am Singapore time (0258 GMT), the ICE October Brent future