Morning Oil Report 10/12/2021

At 10:25 am Singapore time (0225 GMT), the ICE February Brent futures contract was down 5 cents/b (0.07%) from the previous close at $74.37/b, while the NYMEX January light sweet crude contract fell 4 cents/b (0.06%) at $70.90/b.   Coming a month after US core inflation for October hit a 30-year high, expectations are high …