Crude oil futures ticked lower during midmorning trade in Asia Dec. 28 as concerns intensified about the new coronavirus strain and countries across the world reported new infections while the market awaited further news on the US fiscal relief package. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:53 am Singapore time (0253 GMT), the ICE February Brent crude contract was down 17 cents/b (0.33%) from the Dec. 24 settle at $51.12/b while the NYMEX February light sweet crude contract was down 12 cents/b (0.25%) at $48.11/b. Both markers had fallen 1.86% and 2.05% in the week to Dec. 24 to settle at $51.29/b and $48.23/b, respectively. News about the strain continued to weigh on the oil complex morning Dec. 28 after several countries, including Canada, France, Japan, Spain and Norway, reported cases of the strain — first detected in […]