Oil futures slipped during mid-morning trade in Asia Sept. 30, extending overnight declines, as a build in US gasoline inventories fueled bearish sentiment in a market already reeling from the resurgence of the coronavirus pandemic. At 11.28 am Singapore time (0328 GMT), ICE Brent November crude futures were trading at $40.55/b, down 48 cents/b (1.17%) from the Sept. 29 settle, while the NYMEX November light sweet crude contract was at $38.85/b, down 44 cents/b (1.12%). These international crude markers had ended the Sept. 29 trading session sharply lower as the November contract for Brent and WTI dived 3.30% and 3.23% on the day, respectively, to settle at $41.03/b and $39.29/b. The downtrend in crude futures came as the American Petroleum Institute reported a 1.623 million-barrel build in gasoline inventories for the week ended […]