Morning Oil Report 07/12/21

At 10:30 am Singapore time (0215 GMT), the ICE February Brent futures contract was up 43 cents/b (0.62%) from the previous close at $73.51/b, while the NYMEX January light sweet crude contract rose 58 cents/b (0.59%) at $70.07/b.   Analysts have maintained that the recent sell-off that sent oil prices crashing by more than 20% …