Crude oil futures were stable to slightly lower during mid-morning trade in Asia Friday as market participants adopted a wait-and-watch approach ahead of OPEC’s meeting in Algiers over the weekend to discuss future production policy. Receive daily email alerts, subscriber notes & personalize your experience. Register Now US President Donald Trump’s tweet on reducing oil prices also weighed on sentiment, analysts said. At 10:15 am Singapore time (0215 GMT), November ICE Brent crude futures were down 2 cents/b (0.03%) from Thursday’s settle at $78.68/b, while the new front-month NYMEX November light sweet crude contract was 12 cents/b (0.17%) lower at $70.20/b. OPEC and its partners will meet in Algiers this weekend to discuss production policy measures to offset any loss of Iranian crude barrels as a result of US sanctions that snap back in November. “With most major producers heading to Algeria to attend the joint ministerial […]