¬†Crude oil futures were lower during mid-morning trade in Asia Friday as geopolitical tensions in the Middle East eased and market participants look for fresh price cues to provide direction.¬† At 10:38 am Singapore time (0238GMT), the front-month March ICE Brent crude futures slipped 18 cents/b (0.28%) from Thursday’s settle at $65.19/b, while the NYMEX February light sweet crude contract was 18 cents/b (0.3%) lower at $59.38/b. “Risk appetite continues to improve as investors judged the US-Iran tensions to not be as concerning as thought, while focusing on the upcoming leads including US-China trade and a potential payrolls surprise into the end of week,” IG’s market strategist Pan Jingyi said. While US President Donald Trump’s speech post the missile attack on US bases at Iraq de-escalated tensions between the US and Iran, the House of […]