¬†Crude oil futures were stable to higher in mid-morning trade in Asia Friday as market participants continued to focus on the impact of the looming loss of crude barrels due to the reimposition of US sanctions on Iran. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 11:15 am Singapore time (0315 GMT), ICE November Brent crude futures were unchanged from Wednesday’s settle at $81.72/b, while the NYMEX November light sweet crude contract was 14 cents/b (0.19%) higher at $72.26/b. “Further concerns over Iranian oil supplies continue to lift oil prices,” OCBC commodity economist Barnabas Gan said. South Korea’s crude oil imports from Iran tumbled in August ahead of the November deadline for US sanctions on Tehran, industry officials said. August shipments of 2 million barrels was the lowest since December 2015, when South Korea received 1.78 million barrels from Iran during earlier […]