The Neutral Zone fields, which lie in onshore and offshore territory shared by Saudi Arabia and Kuwait at their border, were offline for more than four years until 2020, due to a political dispute that was resolved with a signing of an agreement in December 2019.

Among the 17 Sustainable Development Goals (SDGs) of the 2030 Agenda made by the United Nations (UN), there is the objective of ensuring reliable, sustainable, modern, and affordable access to clean energy for all.

U.S. Rig Count is up 7 from last week to 576, Canada Rig Count is down 3 from last week to 177.

Brent were up 0.2%, or 11 cents, at $74.53 a barrel, WTI were up 0.2%, or 11 cents, at $74.53 a barrel.

The framework agreement was signed in Moscow today by Rosatom Overseas President Yevgeny Pakermanov and Nenad Popović, Serbian Minister without Portfolio in charge of Innovation and Technological Development and president of the Intergovernmental Committee for Cooperation with Russia.

Iraq's OPEC+ quota rose to 4.193 million b/d last month, from 4.149 million b/d in October, as the coalition continued to raise production caps.

The carbon benchmark hit a fresh record of 90.75 euros on Wednesday.

OMV Petrom plans to invest €11bn by 2030, with over 35% going to low and zero-carbon opportunities.

U.S. commercial crude oil inventories decreased by 0.2 million barrels from the previous week to 432.9 million barrels.

Brent rose 39 cents, or 0.5%, to $76.22 a barrel, WTI rose 48 cents, or 0.7%, to $72.84 a barrel.