Crude oil futures were stable to marginally higher during mid-morning trade in Asia Monday, as the market awaits fresh fundamental drivers to provide price direction while supply side concerns continue to impact sentiment, sources said. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:40 am Singapore time (0240 GMT), ICE September Brent crude futures were unchanged from Friday’s settle at $74.29/b, while the NYMEX September light sweet crude contract was 19 cents/b (0.28%) higher at $68.88/b. Market participants were watching out for updates on Saudi Arabia’s halt of oil flows through the Bab al-Mandab strait since last week, analysts said. “The strait is a key waterway for the crude oil market, connecting the Red Sea with the Arabian Sea,” ANZ analysts said in a note. Saudi Aramco suspended oil shipments through the strait last Wednesday after it said two of its […]