Oil prices fluctuate amid uncertainty in global markets.

Despite OPEC+ reducing production by 1.16 million barrels daily, Brent crude has fallen almost $10 in a month due to economic sentiment in the US, with analysts warning of a recession. Diesel demand is down, inflation is in decline but still high, and the manufacturing sector has shrunk for six consecutive months. However, China's oil demand broke a record in March, US crude oil inventories are below the five-year average, and US oil and gas production growth may slow down significantly over the next few months. The Energy Information Administration predicts a record high in March, but if demand for fuels remains subdued, prices could go further down.