Crude oil futures fell during mid-morning Asian trade Oct. 20, extending overnight losses, as concerns over the easing of OPEC+ production cuts continued to weigh on markets reeling from a lack of demand. At 10:23 am Singapore time (0223 GMT), ICE Brent December crude futures were down 33 cent/b (0.77%) from the Oct. 19 settle to $42.29/b, while the NYMEX November light sweet crude contract was down 35 cents/b (0.86%) at $40.48/b. Both international crude markets had fallen 0.72% and 0.12% to settle at $42.62/b and $40.83/b, respectively, on Oct. 19. Oil prices fell despite reassurances by Saudi energy minister Prince Abdulaziz bin Salman during the Oct. 19 OPEC+ Joint Ministerial Monitoring Committee meeting that the committee was closely observing market trends, and hinted that it would not hesitate to call for further […]