Crude oil futures extend retreat as Russia-Ukraine tensions ease

Crude oil futures were lower in mid-morning trade in Asia Feb. 16, extending a selloff from the overnight session amid an easing of tensions on the Russia-Ukraine border. At 9:54 am Singapore time (0154 GMT), the ICE April Brent futures contract was down 42 cents/b (0.45%) from the previous close at $92.86/b, while the NYMEX March light sweet crude contract…