Crude oil futures mostly steady as investors shrug aside OPEC+ hike

Crude oil futures were mostly steady in mid-morning Asian trade June 3, consolidating overnight gains as investors continued to downplay the effect of a hike in monthly production quotas by the OPEC+ group. At 10:38 am Singapore time (0238 GMT), the ICE August Brent futures contract was unchanged from the previous close at $117.61/b, while the NYMEX July light sweet…