Crude oil futures ticked lower during mid-morning Asian trade April 28, as data from the American Petroleum Institute showed a build in US crude inventories, and the OPEC+ Joint Ministerial Meeting Committee recommended to uphold the earlier OPEC+ decision to increase production from May onwards. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:55 am Singapore time (0255 GMT), the ICE Brent June contract fell 6 cents/b (0.09%) from the April 27 settle at $66.36/b, while the June NYMEX light sweet crude contract was down 12 cents/b (0.19%) at $62.82/b. Data from the API took the market by surprise as it showed a significant 4.32 million-barrel build in US crude inventories in the week ended April 23. Market analysts had expected a marginal draw in crude oil inventory amid an uptick in refinery demand. A dip in sentiment was, however, […]