ASIA CRUDE OIL: Key market indicators for July 25-29

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Oil prices are expected to face headwinds from weakening economic activity in the West and rising COVID-19 cases in the July 25-29 trading week, with investor attention to be focused on the US FOMC meeting over July 26-27. Front-month September ICE Brent crude futures stood at $102.44/b at 0230 GMT July 25, down 76 cents/b (0.74%) from the July 22…