Crude oil futures were higher during mid-morning trade in Asia Jan. 4 as market participants awaited a meeting set for later in the day between OPEC and non-OPEC ministers to discuss February production levels for pricing cues. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:36 am Singapore time (0236 GMT), the ICE Brent March contract was up 34 cents/b (0.66%) from the Dec. 31 settle at $52.14/b, while the February NYMEX light sweet crude contract was 31 cents/b (0.64%) higher at $48.83/b. The markers had risen 0.9% and 0.6% in the week ended Dec. 31 to end 2020 at $51.80/b and $48.52/b, respectively. The oil markets enter the first week of the new year immediately staring down the barrel of a risk event, with members of the OPEC+ alliance scheduled to meet later Jan. 4 to discuss oil production […]