Crude oil futures were largely steady during mid-morning trade in Asia Tuesday as markets digested the recent optimism that emerged from the US-China trade talks, while they waited for fresh cues to provide price direction. At 10:25 am Singapore time (0225 GMT), ICE February Brent crude futures inched 5 cents/b (0.08%) lower from Monday’s settle to $65.29/b, while the front-month NYMEX January light sweet crude contract ticked down 8 cents/b (0.13%) to $60.13/b. China, on Sunday announced, that it would suspended its plan to impose additional tariffs on a list of US goods that were slated to have been implemented from December 15. The move came on the heels of an announcement by US President Donald Trump that the US and China had agreed to “phase one” of a trade deal that would prevent the […]