Crude recovers slightly after last week's losses

New Delhi [India], February 5 (ANI): In a volatile mid-morning trade on February 5, crude oil futures showed signs of recovery after experiencing a weekly loss of almost 7 per cent.

According to SP Global Commodity Insights, the Intercontinental Exchange (ICE) April Brent futures contract rose by 21 cents/b (0.27 per cent) to USD 77.54/b, while the New York Mercantile Exchange (NYMEX) March light sweet crude contract incr