Morning Oil Report 08/12/21

At 10:42 am Singapore time (0221 GMT), the ICE February Brent futures contract was down 5 cents/b (0.07%) from the previous close at $75.39/b, while the NYMEX January light sweet crude contract fell 5 cents/b (0.07%) at $72/b.   API Crude -3.089m Gasoline +3.705m Distillate +1.228m Cushing +2.395m   The API said Dec. 7 that …