Crude oil futures extend losses as sentiment sours after weak China, US data
Crude oil futures were lower in mid-morning Asian trade Aug. 16, extending steep declines from the overnight session, after the release of data showing economic activity weakening in China and the US and as investors continued to eye progress on the Iranian nuclear talks. At 10:10 am Singapore time (0210 GMT), the ICE October Brent futures contract was down 72…