Crude oil futures rose on Monday in thin trade as many Asian markets were on holiday for Lunar New Year, with few trading cues expected until Federal Reserve Chair Janet Yellen gives testimony to lawmakers later in the week. Global benchmark Brent futures LCOc1 were up 17 cents at $34.23 at 0751 GMT. They fell 40 cents to $34.06 a barrel on Friday. U.S. crude futures CLc1 rose 18 cents to $31.07, after falling 83 cents to $30.89 on Friday. Both contracts had dropped slightly earlier on Monday in see-saw trade on low volumes. “The strength we saw in the middle of last week has not been completely overturned but the direction has reversed,” said Ric Spooner, chief market analyst at CMC Markets in Sydney. The market is looking forward […]