ASIA CRUDE OIL: Key market indicators for June 20-24

Oil prices are expected to remain under pressure in the week ended June 24 following heavy losses in the previous week ended June 17. Confidence in oil demand is holding up despite soaring inflation as fears of an impending recession kicked in. Front-month August ICE Brent crude futures stood at $112.35/b at 0215 GMT June 20, down 77 cents/b (0.68%)…