Oil prices
Concerns arose from attacks on Russian refineries and potential conflict escalation in the Middle East
China and U.S. demand boost prices amid Middle East conflict
China's manufacturing activity expanded for the first time in six months in March
Russia's commitment to deeper production cuts as a key factor influencing the crude oil market in the coming months
Market concerns rise as major producers hold output policy steady
The attacks caused potential disruptions to oil capacity, estimated at 900k bpd
Rising tensions fuel fears of supply disruption
The country is taking steps to align fuel prices with international markets
Declining gasoline supply in the U.S. indicates potential slowdown in crude demand
The expectation of limited supplies continued to support crude prices
Fed, PMIs awaited for more economic cues
