Crude oil futures ticked lower during the morning trade in Asia Nov. 19, after data from the Energy Information Administration showed a small build in US commercial crude inventories, and as concerns over the uninhibited progression of the coronavirus pandemic festered in the market. At 10:26 am Singapore time (0226 GMT), ICE Brent January crude futures were down 9 cents/b (0.20%) from the Nov. 18 settle at $44.25/b, while the NYMEX December light sweet crude contract was down 18 cents/b (0.43%) at $41.64/b. Both ICE Brent January contract and December WTI contract rose on Nov. 18 after Pfizer and BioNtech said that a final analysis of clinical-trial data showed that their vaccine was 95% effective, and that they would submit an application for US regulatory authorization in the coming days. However, the […]