Brent were up $1.17, or 4%, at $30.36 per barrel, WTI were $1.1, or 4.4%, higher at $26.39 per barrel.

По итогам переговоров стороны отметили в совместном заявлении, что Россия и Саудовская Аравия твердо привержены достижению рыночной стабильности и ускорению восстановления баланса на нефтяном рынке.

For 2019, world oil demand growth is kept broadly unchanged compared to last month’s assessment, estimated to have grown by 0.83 mb/d, y-o-y, to average 98.72 mb/d. In 2020, world oil demand growth is adjusted lower by 2.23 mb/d and is now forecast to drop by 9.07 mb/d.

EIA expects U.S. total liquid fuels consumption will rise from an average of 15.9 million b/d in the second quarter of 2020 to 18.7 million b/d in the third quarter of 2020 and then to average 19.8 million b/d in 2021, up 8% from 2020, but lower than 2019 levels.

Brent dropped 56 cents, or 1.9%, to $29.42 a barrel, WTI fell 23 cents, or 0.9%, to $25.55

Brent crude oil prices will average $34/b in 2020, Brent prices will rise to an average of $48/b in 2021

Brent advanced 85 cents, or 2.9%, to $30.48, WTI were up $1.29, or 5.3%, at $25.43.

OPEC+ producers agreed to cut their overall crude oil production by 9.7 mb/d over the 1 May 2020 - 30 June 2020 period,

If nothing else changes (unlikely), tight oil production will decline to a level of about 6 million bo/d

The high-cost Canadian oil industry is being hammered by the dual effects of Covid-19 and the fallout from unconstrained supply.