Crude oil futures were higher in mid-morning trade in Asia Monday as the US signaled preparedness to ramp up pressure on the Maduro regime in Venezuela. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:27 am Singapore time (0227 GMT), November ICE Brent crude futures were up 94 cents/b (1.19%) from Friday’s settle at $79.74/b, while the NYMEX October light sweet crude contract was 76 cents/b (1.07%) higher at $71.54/b. Analysts said while US pressure on the regime of Nicolas Maduro would not include restrictions on US imports of Venezuelan crude oil, it could include new prohibitions on US light oil exports and refined product exports to Venezuela, S&P Global Platts reported. US Secretary of State Michael Pompeo indicated Friday that the Trump administration was developing retaliatory measures against the Maduro regime. “I think you’ll see in the coming days a series […]