Oil rose amid a broader rally in stocks after a three-day slide, with investors continuing to weigh the fallout from Russia’s invasion of Ukraine and Covid-19 lockdowns across top crude importer China. Futures in New York climbed above $97 a barrel after slumping 13% over the past three sessions. The war has severely disrupted Russian oil flows, and the International Energy Agency predicted output from the key OPEC+ member will drop by about a quarter next month. Libya’s prime minister said the cartel should boost supply faster to help solve the “ energy crisis .” “Tight markets are generally more volatile and so when you throw in a supply risk as large as Russia, that just takes volatility to another level,” said Warren Patterson, Singapore-based head of commodities strategy at ING Groep NV. “The weakness we have seen in the market over the past week or so does mean […]