Crude oil futures were stable during mid-morning trade in Asia Monday, as market participants mulled over the impact of the increased trade tensions between the US and China while ongoing global supply uncertainties continued to provide some support. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:40 am Singapore time (0240 GMT), July ICE Brent crude futures were up 10 cents/b (0.14%) from Friday’s settle to $70.72/b, while the NYMEX June light sweet crude contract lost 11 cents/b (0.18%) at $61.55/b. “The crude oil market was a little more circumspect regarding the trade talks, with Brent and WTI crude little changed,” ANZ analysts said in a note. “Supply-side issues continued to pepper the oil market,” they added. According to media reports, trade negotiations between the US and China reached no concrete conclusion on Sunday, as the US demanded promises of change in […]