Crude oil futures were steady during mid-morning Asian trade July 16, as increased certainty over the OPEC+ supply accord and robust demand projections from OPEC analysts arrested the plunge in oil prices thus far this week. At 11:26 am Singapore time (0326 GMT), the ICE September Brent crude futures contract rose 2 cents/b (0.03%) from the previous close at $73.49/b, while the NYMEX August light sweet crude contract was up 4 cents/b (0.06%) at $71.69/b. The front month ICE Brent and NYMEX light sweet crude markers had fallen 3.94% and and 4.78% over July 13-15. Reports have emerged that the impasse between the UAE and Saudi Arabia is on the verge of a resolution. Tensions between the two members of OPEC+, a coalition of OPEC and other oil producers, had flared after the UAE had […]