Crude oil futures slip as COVID-19 cases rise

MOSCOW (MRC) -- Crude oil futures were trading lower mid-morning July 7 in Asia as the rising number of new infections in the US continued to dampen market sentiment, overturning overnight gains. However, the decline was limited by Saudi Aramco's announcement of a hike to its official selling prices for August crude cargoes to Asia, reported S&P Global.At 11:13 am Singapore time (0313 GMT

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