Morning Oil Report 3/12/20

Brent crude futures ended up 1.6% last night as the expectation of positive news from the OPEC meeting due today kept the market buoyant, although prices fell overnight. At 0700GMT there was some buying activity which lifted the price to $48.26 per barrel.   EIA week ending 11/27 Crude oil: -0.7M Gasoline: +3.5M Distillates: +3.2M …