Crude oil futures were steady during mid-morning trade in Asia Oct. 23, after settling higher overnight on fresh hopes of an agreement on the US stimulus bill and as Russia signals that it will not rule out an extension of production cuts next year. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10.35 am Singapore time (0235 GMT), ICE Brent December crude futures was 4 cents/b higher from the Oct. 22 settle at $42.50/b (0.09%), while the NYMEX December light sweet crude contract was up 4 cents/b (0.10%) at $40.68/b. Both oil futures had risen 1.75% and 1.52% respectively to settle at $42.46/b and $40.64/b, respectively, on Oct. 22. “Oil climbed overnight on stimulus hopes and also comments by Russian President Vladimir Putin that Russia is ready to cut oil output further if needed,” UOB analysts said in a report […]