The trajectories of the ICE Brent futures and NYMEX crude futures were in opposite directions during the mid-morning trade in Asia Nov. 27, as the latter underwent a price correction, not having fallen as much as the former during the trading session on Nov. 26, with both markers further weighed down by heightened concerns over the pandemic situation in the US. At 11:36 am Singapore time (0336 GMT), ICE Brent January contract was up 10 cents/b (0.21%) from the Nov. 26 settle at $47.90/b, while the NYMEX January light sweet crude contract was down 70 cents/b (1.53%) at $45.01/b. Both the ICE Brent January contract and the NYMEX January contract had fallen 2.39% and 0.57% on Nov. 26 to settle at $47.80/b and $45.71/b, respectively, as vaccine optimism had fizzled out, and near-term […]