Crude oil futures were lower during mid-morning trade in Asia March 22, as investors remained nervous following the panic sell-off on March 18, while the prospect of an extended mobility restriction in Europe threatened the market’s rosy demand outlook. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 11:07 am Singapore time (0307 GMT), the ICE Brent May contract was down by 13 cents/b (0.2%) from the March 19 settle to $64.40/b, while the May NYMEX light sweet crude contract fell 13 cents/b (0.21%) to $61.31/b. The slip in prices this morning comes after the March 18 selloff, which created an atmosphere of uncertainty in the market, with investors questioning the sustainability of this year’s oil price rally. Market sentiment has also been dampened by extended lockdown measures in Europe, which have cast a shadow of doubt over initial expectations […]