Crude oil futures ticked higher during mid-morning trade in Asia on April 29, as sentiment in the market remained positive amid signs of strong downstream demand in the US, but the progress of the pandemic in India remained on the market’s radar. At 11:17 am Singapore time (0317 GMT), the ICE Brent June contract was up 36 cents/b (0.54%) from the April 27 settle at $67.64/b, while the June NYMEX light sweet crude contract rose 29 cents/b (0.45%) at $64.15/b. There was some bullishness in the market after the US’ Energy Information Administration released its weekly data late April 28, which backed the narrative of a recovery in US oil demand. Total products supplied, the EIA’s proxy for demand, increased 8.7% on the week, in the week ended April 23 to 20.34 million b/d. […]