OIL FUTURES: Crude rebounds after sharp drop amid China demand concerns
Crude oil futures rose moderately in mid-morning Asian trade April 26 to recoup some losses after China lockdowns and a surging US dollar sent crude prices lower at the start of the week. At 10:42 am Singapore time (0242 GMT), the ICE June Brent futures contract was up 85 cents/b (0.83%) from the previous close at $103.17/b, while the NYMEX…