Crude oil futures moved lower during mid-morning trade in Asia Nov. 18, after data from the American Petroleum Institute showed a build in US crude inventories, and after the Joint Ministerial Monitoring Committee (JMMC) failed to make definite statements on the status of OPEC+ production cuts. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:32 am Singapore time (0232 GMT), ICE Brent January crude futures were down 15 cents/b (0.34%) from the Nov. 17 settle at $43.60/b, while the NYMEX December light sweet crude contract was down 24 cents/b (0.58%) at $41.19/b. The lower crude prices were seen after API data showed Nov. 17 that crude inventories rose by 4.174 million barrels in the week ended Nov. 13. Fundamentals in the downstream gasoline markets were also unimproved, with API data showing a 256,000-barrel build in gasoline inventories in the […]