Oil futures rallied off early morning lows to finish the session mostly higher as market balanced tightened supply and demand outlooks against weak US economic data. ICE February Brent settled up 25 cents at $66.39/b and NYMEX February WTI was up 8 cents at $60.52/b at market close. Long term oil supply and demand fundamentals have shown signs of tightening in recent weeks, offering support for oil futures despite signs of and easing of demand in the near term. Citing improving global economic outlook, reduced uncertainty and a stable price environment, S&P Global Platts Analytics raised its outlook for 2020 demand growth to 1.34 […]