Crude oil futures edged higher during mid-morning trade in Asia March 30 as optimism over the OPEC+ coalition persisting with its supply cuts and expectations of increased downstream products demand supported the market, although a stronger US dollar limited the upside. At 10:49 am Singapore time (0249 GMT), the ICE Brent May contract was up 16 cents/b (0.25%) from the March 29 settle at $65.14/b, while the May NYMEX light sweet crude contract was 19 cent/b (0.31%) higher at $61.75/b. Ahead of the April 1 OPEC+ meeting, the market brimmed with optimism that the producer group would roll over its April production quotas to May and keep supply in the market tight. Analysts have said this is the likely scenario, since demand-side concerns have continued to fester due to a resurgence of coronavirus […]