Crude oil futures were largely steady during mid-morning Asian trade Nov. 3, as support from strong economic data and speculation over Russian willingness to extend OPEC+ production cuts faded amid bearish fundamentals. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 11.07 am Singapore time (0307 GMT), ICE Brent January crude futures were 2 cents/b (0.05%) higher from the Nov. 2 settle to $38.99/b, while the NYMEX December light sweet crude contract was 9 cents/b (0.24%) higher at $36.90/b. January ICE Brent and December NYMEX crude futures had jumped 2.71% and 3.13% on Nov. 2 to settle at $38.97/b and $36.81/b, respectively, as strong economic data from China, Germany and the US stoked bullish sentiment. Reflecting on the market this morning, Jeffrey Halley, senior market analyst at OANDA, told S&P Global Platts: “Oil was lifted by very strong Purchasing Managers Indices […]