Crude oil futures remained rangebound during the morning trade in Asia Nov. 20, as the announcement of a resumption of US stimulus talks failed to assuage concerns over rising COVID-19 infection numbers.  At 10:45 am Singapore time (0245 GMT), ICE Brent January crude futures were up 5 cents/b (0.11%) from the Nov. 19 settle at $44.25/b, while the NYMEX December light sweet crude contract was down 1 cent/b (0.02%) at $41.73/b. The ICE Brent January contract and the December WTI contract had edged 0.32% and 0.19% lower to settle at $44.20/b and $41.74/b, respectively, on Nov. 19, after the closure of public schools in New York City and with EIA data showing a build in US commercial crude and gasoline inventories. Market analysts had expected some upside to crude prices this morning, after US […]