Crude oil futures stop rising in Asia after a sustained rally but tight supply, strong demand outlook remains

Crude oil futures stop rising in Asia after a sustained rally but tight supply, strong demand outlook remains
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12.10.2021

MOSCOW (MRC) -- Crude oil futures were stable to lower in mid-morning trade in Asia Oct. 12 after a sustained rally, with expectations of tight supply and strong demand set to continue supporting prices in the near term, reported S&P Global.At 11 am Singapore time (0300 GMT), the ICE December Brent futures contract was down 7 cents/b (0.08%) from the previous close at USD83.58/b, while t

Full article at mrcplast.com

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