Oil Steady As Inflation Comes In Hotter Than Expected ...Middle East

Equity markets got caught off guard by higher-than-expected U.S. inflation figures, but crude prices have shown resilience. US Natural Gas Prices Collapse on Milder Weather and Robust Output - US natural gas prices hit a 40-month low last week at just $1.91 per mmBtu as the combined effect of mild weather, strongly rebounding production and sizable inventories continue to weigh on prices. - February to date, US population-weighted temperature has averaged 46 Fahrenheit, some 5 degrees above normal, whilst nationwide gas production…

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