U.S. Rig Count is up 13 from last week at 430, Canada Rig Count is down 12 from last week to 69

Brent was up by 91 cents, or 1.5%, at $63.65 a barrel. WTI was up 99 cents, or 1.7%, at $60.15 a barrel.

The positives offer hope, but we need to remember that the environment remains challenging, complex and uncertain, with the market volatility we have witnessed in the last two weeks of March a reminder of the fragility facing economies and oil demand.

U.S. commercial crude oil inventories decreased by 0.9 million barrels to 501.8 million barrels.

Brent rose 32 cents, or 0.5%, to $64.46 a barrel. WTI climbed 26 cents, or 0.4%, to $60.81 a barrel.

OPEC+ will discuss whether to revive part of the 1.2 million barrels a day of output it’s committed to returning to the market in installments this year. At the same time, the Saudis will review the status of an additional 1 million barrel-a-day cut they have been making since February to accelerate the process of clearing the lingering oil glut.

Brent was down 21 cents, or 0.3%, at $65.19 a barrel. WTI was up 19 cents, or 0.3%, at $61.75 a barrel.

Faltering oil prices in recent days after a weeks-long surge to around $70/b have many analysts forecasting that the OPEC+ group of producers may largely roll over their quotas for at least another month.

Brent was down 29 cents, or 0.5%, at $64.28 a barrel. WTI fell 55 cents, or 1%, to $60.42 a barrel.

"Based on this document, China will be a steady importer of Iran's oil, and Iran should remove China's concerns for return of its investment,"