Crude oil futures stable in Asia trade amid mixed drivers

S&P Global Platts | Feb 14, 2020 at 2:14 AM
  • At 9:33 am Singapore time (0133 GMT), April ICE Brent crude futures dipped 7 cents/b (0.12%) from Thursday’s settle to $56.27/b, while the NYMEX March light sweet crude contract was stable at $51.42/b.
  • Overall 2020 oil demand is now forecast at 100.97 million b/d, 480,000 b/d below the IEA’s previous estimate.