Crude oil futures inched lower during mid-morning trade in Asia Feb. 17, coming under pressure from a stronger US dollar and a technical correction in the overbought oil markets, as well as rising expectations of easing supply curbs from OPEC+ at its March 3 meeting, says an article published in S&P Global.
What Data SuggestsAt 10:37 am Singapore time (0237 GMT), the ICE Brent April contract was down 21 cents/b (0.33%) from the Feb. 16 settle at $63.14/b, while the March NYMEX light sweet crude...
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