Crude oil prices were initially lower by nearly 1% in early European trade, before bouncing back to turn flattish on the day ahead of the publication of the official US crude inventories report later in the day. Oil prices look set to end the month of March and first quarter of the year higher, as concerns over demand eases while the OEPC+ continues to withhold supplies. Oil has rallied in these first three months of the year, albeit not in a clean trend. Geopolitical uncertainty concerning Ukraine and the Middle East and extended supply cutbacks by OPEC+ have helped to support oil prices. These factors have ... (full story)