Crude oil futures resume climb after overnight fall; US crude stocks drop
Crude oil futures rose in mid-morning Asian trade March 23, resuming their upward climb after easing slightly overnight, while US crude stocks fell last week, signaling a further tightening of the oil market. At 11:44 am Singapore time (0344 GMT), the ICE May Brent futures contract was up $1.90/b (1.65%) from the previous close at $117.38/b, while the NYMEX May…