Crude oil futures were flat during the mid-morning trade in Asia June 28, as the market awaited the upcoming OPEC+ meeting later in the week for pricing cues. At 10:18 am Singapore time (0218 GMT), the ICE August Brent futures contract inched slightly lower by 3 cents/b (0.04%) from the previous settle at $76.15/b, while the NYMEX August light sweet crude contract dipped 3 cents/b (0.04%) at $74.05/b. All eyes are on the OPEC+’s July 1 meeting, during which the producer group is expected to provide guidance into its production plan for August, and possibly beyond. OPEC+ is currently holding crude production at 6.2 million b/d below October 2018 levels and intends to taper this output cut to 5.76 million b/d in July. The coalition has met with several calls to raise production August onward […]