Crude oil futures edged lower during mid-morning trade in Asia Friday, ahead of the G20 summit and OPEC meeting, with market participants particularly awaiting the outcome of the meeting between US President Donald At 11:02 am Singapore time (0302 GMT), ICE Brent August futures were down 40 cents/b (0.60%) from Thursday’s settle at $66.15/b, while the front-month NYMEX August light sweet crude futures contract was 35 cents/b (0.59%) lower at $59.08/b. “Some positive rhetoric stemming from the G20 congregation on US-Iran tensions can be seen cutting some slack for market jitters, sending crude prices … lower,” IG market strategist Pan Jingyi said. “All eyes are on the G20 summit in Japan, as US President Donald Trump and Chinese President Xi Jinping meet for […]