Crude oil futures ticked up during mid-morning trade in Asia Oct. 8, clawing back some of the overnight losses, as the impact of a build in US crude inventories was negated by the support offered to the market by draws in product inventories and escalating supply disruptions in Norway and the US Gulf of Mexico. At 11.23 am Singapore time (0323 GMT), ICE Brent December crude futures were up 13 cents/b (0.31%) from the Oct. 7 settle to $42.12/b, while the NYMEX November light sweet crude contract was up 5 cents/b (0.13%) at $40/b. Both international crude markets had dived 1.55% and 1.77% to settle at $41.99/b and $39.95/b respectively on Oct. 7, when the cancellation of US stimulus negotiations had rattled the market. The uptick came despite data from the US Energy […]