Oil prices are advancing this morning after US President Joe Biden wrapped up a landmark visit to the Middle East without a firm commitment from key producer Saudi Arabia to boost crude supplies. Meanwhile, EU investors are still worried about the resumption of gas supplies from Russia, after Kremlin-controlled Gazprom said it could not guarantee the safe operation of a critical part of the pipeline that runs under the Baltic sea to Germany because of doubts over the return of a turbine from Canada.

We spoke to David Madden, who is a market analyst at Equiti Capital.

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