U.S. commercial crude oil inventories increased by 4.5 million barrels to 459.7 million barrels.

Brent fell 30 cents to $75.96 a barrel, WTI was down by 14 cents at $71.69 a barrel.

Earlier this year Russia introduced a voluntary cut of 500,000 b/d from March after EU sanctions on imports of most Russian oil and G7 price caps came into force.

U.S. commercial crude oil inventories decreased by 12.5 million barrels to 455.2 million barrels.

Brent rose 59 cents, or 0.8%, to $76.45 a barrel, WTI climbed 48 cents, or 0.7%, to $72.34.

U.S. commercial crude oil inventories increased by 5.0 million barrels to 467.6 million barrels.

U.S. commercial crude oil inventories increased by 3.0 million barrels to 462.6 million barrels.

Brent rose $2.61, or 3.6%, to $75.11 a barrel, WTI was up $2.70, or 3.9%, at $71.26.

Brent rose 44 cents, or 0.6%, to $78.81 a barrel, WTI was up 40 cents, or 0.5%, at $75.16 a barrel.

They expressed satisfaction with the level of coordination at OPEC Plus aimed at ensuring the global oil market stability.

Since Western sanctions over the war in Ukraine cut off Russia from many of its established trading partners, state companies from Saudi Arabia and the United Arab Emirates have stepped in to take advantage of discounted prices for Russian products,

The challenges today are not likely to end anytime soon. Market participants must adapt to the uncertainty, tightness of supply and fluctuating prices.

U.S. commercial crude oil inventories decreased by 5.1 million barrels to 460.9 million barrels.

Brent were down by 13 cents, or 0.2%, at $80.97 a barrel, WTI slid 9 cents, or 0.1%, to $77.28 a barrel.

Annual inflation in Russia slowed to 3.51% in March 2023 from 10.99% in February, reaching its lowest level since July 2020.