Asia crude oil: Key market indicators for April 4-8

Crude oil prices are expected to be rangebound in the April 4-8 trading week as ongoing supply concerns arising from Russia’s invasion of Ukraine are countered by concerns over the impact on demand of the COVID-19 resurgence in China. Front-month June ICE Brent crude futures stood at $103.66/b at 0200 GMT April 4, up 2 cents/b from the 0830 GMT…