ICE Brent crude futures hover at 2-month high amid tight supply

Crude oil futures were higher in mid-morning Asian trade May 27, with the ICE Brent crude marker hovering around a two-month high, as the near-term outlook for oil remained bullish with demand still seen outpacing supply. At 10:22 am Singapore time (0222 GMT), the ICE July Brent futures contract was up 17 cents/b (0.14%) from the previous close at $117.57/b,…