Crude oil futures were higher in mid-morning trade in Asia April 14, despite a pause in the Johnson & Johnson vaccine rollout and mixed data from the American Petroleum Institute, as the market remained buoyed by OPEC raising its 2021 oil demand forecast and a weaker dollar. At 10:36 am Singapore time (0236 GMT), the ICE Brent June contract was up 42 cents/b (0.66%) from the April 13 settle at $64.09/b, while the May NYMEX light sweet crude contract was 42 cents/b (0.7%) higher at $60.60/b. In its closely watched monthly oil market report released April 13, OPEC raised its 2021 crude oil demand forecast by 190,000 b/d from the March estimate, citing economic stimulus programs and a further easing of COVID-19 lockdown measures. OPEC now expects crude consumption to average 96.46 million […]