Crude lower, recovers from session lows as recession fears weigh
Crude oil futures were lower in mid-morning Asian trade July 4, though they had recovered from session lows as recession fears continued to loom, while China tightened COVID-19 curbs over some eastern cities. At 10:54 am Singapore time (0254 GMT), the ICE September Brent futures contract was down 40 cents/b (0.36%) from the previous close at $111.23/b, while the NYMEX…