Singapore — Crude oil futures were stable in mid-morning trade Asia Thursday, although the market remained fundamentally bearish, analysts said. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 11:11 am Singapore time (0311 GMT), ICE Brent August futures were up 14 cents/b (0.23%) from Wednesday’s settle at $60.77/b, while the NYMEX July light sweet crude futures contract was 14 cents/b (0.27%) higher at $51.82/b. “We are seeing a technical rebound this morning, but fundamentals are really not supportive at this point in time,” IG market strategist, Pan Jingyi said Thursday. While prices firmed marginally on some consolidation, analysts warned of bearish factors that could continue to cap recovery in the market. “Oil enters bear market after US crude inventories jumped by 6.8 million barrels, thanks to jump in imports, record high US production and sluggish refining rates,” UOB analysts said in a note Thursday. […]