Iran met in Vienna with the remaining signatories of the deal – the EU, UK, France, Russia, China and Germany. While the US was also in Vienna, it did not participate directly in those talks but met separately with the deal signatories in a different part of the city.

Global growth is projected at 6 percent in 2021, moderating to 4.4 percent in 2022.

Japan’s Nikkei was a shade higher while Australian shares rose 0.6% and South Korea’s KOSPI added 0.5%. Chinese shares, however, were weaker with the bluechip CSI300 index down about 1% after a strong rally last week.

Brent rose 90 cents, or 1.5%, to $63.05 a barrel. WTI rose 98 cents, or 1.7%, to $59.63.

Iranian crude production has risen in recent months, hitting 2.14 million b/d in February, a 190,000 b/d increase from a 33-year low of 1.95 million b/d in August.

European traders returned from a long weekend to push the STOXX 600 up 0.8% to 435.7 points. It has climbed more than 60% from last year’s lows and surpassed its previous all-time high of 433.90 points in February 2020.

Brent fell 96 cents, or 1.5%, to $63.90 a barrel. WTI was at $60.56 a barrel, down 89 cents, or 1.5%.

Total nonfarm payroll employment rose by 916,000 in March, and the unemployment rate edged down to 6.0 percent,

Brent rose $1.94, or 3.1%, to $64.68 a barrel. WTI was up $2.10, or 3.6%, at $61.26 a barrel.

The OPEC+ alliance will raise its collective output caps by 350,000 b/d in May, another 350,000 b/d in June, and 441,000 b/d in July.

Средняя цена на нефть марки Urals в январе-марте 2021 года сложилась в размере $59,8 за баррель, в январе-марте 2020 года - $48,18 за баррель.

Between 2035-2050, SMRs could reduce greenhouse gas emissions by 216 megatonnes (Mt) in the heavy industrial sector. Canadian emissions from this sector are currently about 700 Mt per year.

The Worldwide Rig Count for March was 1,231, down 38 from the 1,270 counted in February 2021,

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.