Crude oil futures were lower in mid-morning trade in Asia Tuesday as trade tensions heightened between the US and China, shrugging off analyst expectations of a further draw in US crude stocks. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:56 am Singapore time (0256 GMT), November ICE Brent crude futures were down 53 cents/b (0.68%) from Monday’s settle at $77.52/b, while the NYMEX October light sweet crude contract was 32 cents/b (0.46%) lower at $68.59/b. Crude prices were under pressure after the US announced a fresh round of tariffs on $200 billion worth of Chinese goods Monday. “With trade war dominating the landscape, even more so after this morning’s US tariff headlines, it’s easy to focus on markets from a one-dimensional perspective,” OANDA’s head of trading Stephen Innes said. “With the US implementing a graduated tariff hike, starting with 10% on […]