ASIA CRUDE OIL: Key market indicators for June 27 – July 1
Oil prices are expected to trade rangebound in the week ended July 1 as conflicting signals of recessionary fears and a supply crunch is likely to keep prices in a tight range. Front-month August ICE Brent crude futures stood at $113.07/b at 0218 GMT June 27, down 5 cents/b (0.04%) from the June 24 settlement. Middle East Crude ** Trade…