Crude oil futures rebound as selloff from Russia-Ukraine talks abate

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Crude oil futures edged higher mid-morning in Asia March 30, in a tentative sign that the heavy sell off over the last two days has abated amid progress in the Russia-Ukraine talks and still rising Shanghai COVID-19 cases. At 10:50 am Singapore time (0200 GMT), the ICE May Brent futures contract was up 83 cents/b (0.75%) from the previous close…