Crude oil futures trim gains after early surge on Saudi OSP hike
Crude oil futures edged higher in mid-morning trade in Asia June 6 after surging by more than $2/b at the open, as Saudi Arabia aggressively hiked its official selling prices for Asia in a sign that it expects demand to remain robust despite soaring oil prices. At 10:39 am Singapore time (0239 GMT), the ICE August Brent futures contract was…