Subscribe to our Chief Editor’s Week in Review Our chief editor shares analysis and picks of the week's biggest news every Saturday. By clicking subscribe, I agree to receive news updates and promotional material from Mediacorp and Mediacorp’s partners. "You probably can see the (oil) market sitting around the US$75 to US$95 range while we wait to see who blinks first." Any upside surprise could rekindle bets of a Federal Reserve rate hike next month, with the odds currently a coin toss. Trading of cash US Treasuries was closed in Asia on Tuesday owing to a holiday in Japan, but futures fell slightly, implying higher yields.