ASIA CRUDE OIL: Key market indicators for Aug 8-12
Oil prices are expected to remain pressured in the week to Aug. 12 as the demand outlook has grown more uncertain after a strong US jobs report late Aug. 5 dispelled fears of a recession while also reinforcing the case for further rate hikes from the Federal Reserve. The front-month ICE October Brent crude futures stood at $94.66/b at 0220…