OIL FUTURES: Crude falls on lower China growth forecast, US rate hike concerns
Crude oil futures were lower in mid-morning Asian trade March 6 as investors digested China’s lower-than-expected growth target, while growing consensus in the US of a larger interest rate hike at the upcoming FOMC meeting pressured prices further. At 10:30 am Singapore time (0230 GMT), the ICE May Brent futures contract was down 52 cents/b (0.61%) from the previous close…