Oil futures rebounded during mid-morning trade in Asia Friday as lingering supply constraints overshadowed a lower demand growth forecast by OPEC. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:35 am Singapore time (0235 GMT), November ICE Brent crude futures were up 21 cents/b (0.27%) from Thursday’s settle at $78.39/b, while the NYMEX October light sweet crude contract was 27 cents/b (0.39%) higher at $68.86/b. Prices had dipped Thursday amid profit taking, but even then analysts had noted that the short-term outlook was bullish. “Prices remain well supported as the market continues to fret about ongoing structural supply issues,” analysts at ANZ Bank said Friday. Risk premiums lingered ahead of the re-introduction of US sanctions on Iran. S&P Global Platts Analytics estimates showed the market could lose around 1.4 million b/d of Iranian crude by November as buyers shift their allocations for […]