Crude oil futures ticked higher during mid-morning trade in Asia Sept. 25 amid hopes that the US Congress will resume discussions over a new stimulus deal. At 11.07 am Singapore time (0307 GMT), ICE Brent November crude futures were trading at $42.08/b, up 14 cents/b (0.33%) from the Sept. 24 settle, while the NYMEX November light sweet crude contract was at $40.48/b, up 17 cents/b (0.42%). This uptick in oil prices continued the Sept. 24 uptrend, when the ICE Brent November contract and the WTI November contract rose 17 cents/b (0.41%) and 38 cents/b (0.95%) from the Sept. 23 settle to close at $41.94/b and $40.31/b, respectively. Market analysts attributed the uptrend in oil futures to optimism that the US congress will restart talks over additional economic stimulus, which could hasten the pace of US […]