PLATTS - Russia is planning to fully comply with its commitment to cut oil output under the OPEC/non-OPEC deal this month, Russian energy minister Alexander Novak said Tuesday, the Prime news agency reported.

МИНФИН РОССИИ - Средняя цена нефти марки Urals по итогам января – март 2018 года составила $ 65,22 за баррель. В 2017 году средняя цена на Urals в январе – марте составила $ 52,04 за баррель. Средняя цена на нефть марки Urals в марте 2018 года сложилась в размере $ 63,68 за баррель, что в 1,3 раза выше, чем в марте 2017 года ($ 49,76 за баррель).

REUTERS - U.S. WTI crude futures CLc1 were at $65.21 barrel at 0122 GMT, up 27 cents, or 0.4 percent, from their previous settlement. Brent crude futures LCOc1 were fetching $69.71 per barrel, up 37 cents, or 0.55 percent.

SHANA - Leaders of the UAE, OPEC’s biggest producer Saudi Arabia and non-OPEC member Russia support extending energy cooperation beyond 2018. Cooperation on the part of a politically influential oil producer like Russia would add to the weight and influence of OPEC in global energy markets, both politically and in terms of decision-making.

REUTERS - The International Monetary Fund told Reuters on Friday Ukraine should allow the market to determine gas prices as promised under a $17.5 billion loan program, after the government extended a below-market level pricing system for households.

BLOOMBERG - West Texas Intermediate for May delivery gained 56 cents to settle at $64.94 a barrel on the New York Mercantile Exchange, with prices posting a third-straight quarterly gain, the longest streak since 2011. Brent for May settlement, which expires Thursday, added 74 cents to end the session at $70.27 a barrel on the London-based ICE Futures Europe exchange. The more-active June contract rose 58 cents to settle at $69.34. The global benchmark traded at a $5.33 premium to WTI. The European bourse, along with Nymex, will be closed for the Good Friday holiday.

REUTERS - “We are working to shift from a year-to-year agreement to a 10 to 20 year agreement,” the crown prince told Reuters in an interview in New York late on Monday. “We have agreement on the big picture, but not yet on the detail.”

REUTERS - OPEC, Russia and several other non-OPEC producers have curbed output since January 2017 to erase a global glut of crude that had built up since 2014. They have extended the pact until the end of 2018, and meet on June 22 to review policy.

REUTERS - U.S. WTI crude futures CLc1 were at $64.72 a barrel by 0700 GMT, down 53 cents, or 0.8 percent, from their previous settlement. Brent crude futures LCOc1 were at $69.69 per barrel, down 42 cents, or 0.6 percent.

REUTERS - U.S. West Texas Intermediate (WTI) crude futures were at $65.51 a barrel at 0255 GMT, down 37 cents, or 0.6 percent, from their previous close. Brent crude futures were at $70.24 per barrel, down 21 cents, or 0.3 percent.