Brent fell 35 cents, or 0.4%, to $81.27 a barrel, WTI declined 35 cents, or 0.5%, to $76.14 a barrel.

At the start of the month,we saw #Crudeoil longs data jump 17%, partly offsetting wrong-footed sales the previous week.Russia stated that the cut of 500k b/d to meet the quota expectations for the month of February as part of a package of cuts promised by the OPEC+.

Brent rose 30 cents or 0.36% to $82.64 a barrel, WTI were up 26 cents or 0.34% at $77.30.

Brent ticked down 11 cents to $83.45 a barrel, WTI rose 36 cents to $79.55 a barrel.

Russia would look at selling Sokol oil through trading firms to reduce surplus floating stocks in the Pacific. Selling via a trader will help Russia get steady payments, though that will reduce discounts for the buyer,

The International Working Group on Russian Sanctions aims to provide expertise and experience to governments and companies around the world by assisting with the formulation of sanctions proposals that will increase the cost to Russia of invading Ukraine

India's natural gas consumption in 2024 will likely grow 5%-6% corresponding to an estimated economic growth of 6%-7%,

"Compared to the larger, conventional nuclear power plants, SMRs have several advantages — such as shorter construction time schedules, enhanced safety features and a sounder appeal to private investors thanks to their lower initial costs and shorter development timelines," the commission added.

Brent were down 9 cents, or 0.1%, to $82.77 a barrel, WTI rose 4 cent to $78.07 a barrel.

The global oil demand growth forecast for 2024 remains unchanged from last month’s assessment at 2.2 mb/d.

Brent edged 1 cent lower $81.99 a barrel, WTI rose 1 cent to $76.93 a barrel.

India has remained neutral in the West’s standoff with Russia following the invasion of Ukraine, seeing it as an opportunity to buy discounted Russian barrels.

Brent slipped 1 cent to $81.62 a barrel, WTI rose 3 cents to $76.25 a barrel.

Объём добровольного сокращения добычи нефти участниками сделки в I квартале 2024 года составляет 1,7 млн баррелей в сутки, Россия также добровольно сокращает экспорт нефти на 500 тыс. баррелей в сутки в первые три месяца текущего года.

The Committee will continue to closely assess market conditions. Building on the strong cohesion between OPEC and participating non-OPEC oil-producing countries,