Brent crude oil LCOc1 was up 48 cents at $48.34 a barrel by 12:17 p.m. EDT. U.S. crude CLc1 was 39 cents higher at $46.04 a barrel. U.S. crude and Brent benchmarks remained on track for weekly declines of more than 3 percent, pressured by big U.S. inventories and heavy worldwide flows.

Brent crude LCOc1 was up 43 cents by 0900 GMT at $48.49 a barrel, having fallen 4 percent the day before, while U.S. crude futures CLc1 rose 38 cents to $46.10 a barrel.

Brent crude prices LCOc1 were at $49.70 per barrel at 1351 GMT, down 42 cents. Brent is about 8 percent below its open on May 25, when OPEC and other producers agreed to extend oil output cuts through to the first quarter of 2018. U.S. light crude prices CLc1 were at $47.69 per barrel, down 50 cents.

EIA forecasts Brent spot prices to average $53/b in 2017 and $56/b in 2018.

Global benchmark Brent LCOc1 advanced 1.1 percent to $50.48 a barrel. U.S. oil CLc1 also climbed 1 percent to $48.17.

A crude price in the $50s is the new reality for bosses of some of the world’s largest producers as output caps from OPEC and its allies are balanced out by rising U.S. shale.

Benchmark Brent crude futures LCOc1 were off by nearly 3 percent at $49.14 per barrel at 1034 GMT (6:34 a.m. ET), down $1.49 from the previous close. U.S. West Texas Intermediate crude CLc1 futures fell $1.45 cents to $46.91 per barrel.

В своем докладе Глава «Роснефти» заявил, что период низких нефтяных цен надолго, в настоящее время цены зафиксировались в диапазоне от 45 до 50 долларов за баррель Брент, а волатильность рынков и неопределенность значительно выросли. «Нынешняя «передышка» не должна нас успокаивать, - заявил Игорь Сечин, – условий для стабильной работы рынка пока не создано. Ряд крупных производителей, которые не участвуют в договоренностях, активно используют конъюнктуру для усиления собственной рыночной позиции, что, скорее, создает предпосылки для новой нестабильности, нежели для выхода на траекторию устойчивого роста».

Средняя цена нефти марки Urals по итогам января-мая 2017 года составила $51,29 за баррель.

Benchmark Brent oil LCOc1 was down $1.45, or 2.8 percent, at $50.39 a barrel by 1157 GMT (7.57 a.m. ET), after earlier touching $50.13 a barrel, the weakest since May 10. U.S. light crude CLc1 traded at $48.43, down $1.23 cents, or 2.5 percent.