OIL FUTURES: Crude Recovers; Psychological Support At $60/Bbl

SINGAPORE (Dow Jones)--Crude oil futures recovered in Asia Thursday as the market found support near the psychologically important $60-a-barrel mark after falling for six straight sessions.

On the New York Mercantile Exchange, light, sweet crude futures for delivery in August traded at $60.73 a barrel at 0709 GMT, up 59 cents in the Globex electronic session. August Brent crude on London's ICE Futures exchange rose 60 cents to $61.03. link....