Crude oil futures slip after opening surge as risk appetite wanes

Crude oil futures were lower in mid-morning Asian trade Feb. 21 after surging at the open as developments in the Russia-Ukraine crisis continue to drive sentiment, with Western leaders trying once again to reach a diplomatic resolution after escalating tensions over the weekend. At 10:12 am Singapore time (0212 GMT), the ICE April Brent futures contract was down 69 cents/b…