Crude oil futures were lower during mid-morning trade in Asia Thursday amid a surprise build in US crude stocks and lingering uncertainty over the global economic outlook. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 11:04 am Singapore time (0304 GMT), ICE May Brent crude futures were down 18 cents/b (0.27%) from Wednesday’s settle at $67.65/b, while the NYMEX May light sweet crude contract was 21 cents/b (0.35%) lower at $59.20/b. “Crude oil prices slumped after a bigger-than-expected rise in inventories in the US,” ANZ analysts said in a note Thursday. “The rise was blamed on the closure of the Houston Ship Channel, which disrupted US crude oil exports. However, the sector was already under pressure prior to the release, with another sell off in equities and a rally in US Treasury bonds unnerving investors,” the analysts added. US commercial crude stocks […]