Crude oil futures rebound as investors look past bearish OPEC+ news

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Crude oil futures were higher in mid-morning Asian trade June 1 as investors looked past recent bearish reports of Russia being excluded from an OPEC+ production deal to refocus back on an oil market that remained severely undersupplied. At 10:40 am Singapore time (0240 GMT), the ICE August Brent futures contract was up 50 cents/b (0.43%) from the previous close…