Crude oil futures were fairly stable during mid-morning trade in Asia Friday, as market participants were looking for fresh price cues from the OPEC meeting to be held early next week. At 10:15 am Singapore time (0215 GMT), ICE May Brent crude futures inched down a cent/b (0.01%) from Thursday’s settle to $67.22/b, while the NYMEX April light sweet crude contract inched down 3 cents/b (0.05%) to $58.58/b. “The mood was rather subdued, with traders happy to sit on the sidelines heading into the weekend where OPEC producers are meeting,” ANZ analysts said in a note. OPEC’s Joint Ministerial Monitoring Committee, which monitors compliance on output cuts, is scheduled to meet on March 18 and March 19 at Baku, Azerbaijan. “With the agreement due to expire in the middle of the year, the market is […]