Crude oil futures fell during the mid-morning trade in Asia Nov. 13, extending overnight losses, after the US Energy Information Administration data showed a large build in US crude inventories, while concerns over the progression of the coronavirus pandemic continued to weigh on the market. At 10:51 am Singapore time (0251 GMT), ICE Brent January crude futures were down 73 cents/b (1.68%) from the Nov. 12 settle to $42.80/b, while the NYMEX December light sweet crude contract was down 83 cents/b (2.02%) at $40.29/b. Both markers had fallen 0.62% and 0.80% on Nov. 12 to settle at $43.53/b and $41.12/b, respectively. The downward trajectory of crude prices comes as data from the EIA showed that, amid an unseasonable pullback in refinery demand, commercial crude stocks had climbed 4.28 million barrels to 488.71 million […]