OIL FUTURES: Crude higher as geopolitical tensions escalate; Fed minutes in focus

Crude oil futures were higher in midmorning Asian trade Feb. 21 amid mounting geopolitical tensions, with investors eyeing the release of the US Federal Reserve’s latest monetary policy minutes later in the global day. At 10:48 am Singapore time (0248 GMT), the ICE April Brent futures contract was up 26 cents/b (0.32%) from the previous close at $82.60/b, while the… Crude oil futures were higher in midmorning Asian trade Feb. 21 amid mounting geopolitical tensions, with investors eyeing the release of the US Federal Reserve’s latest monetary policy minutes later in the global day. At 10:48 am Singapore time (0248 GMT), the ICE April Brent futures contract was up 26 cents/b (0.32%) from the previous close at $82.60/b, while the… Read More