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.

U.S. Rig Count is down 34 rigs from last week to 374, Canada Rig Count is down 1 rig from last week to 26

Brent was up by 87 cents, or 3%, at $30.33 a barrel, WTI gained $1.12, or 4.8%, to $24.67 a barrel

Brent was down by 24 cents, or 0.8%, to $29.48 a barrel, WTI was down by 24 cents, or 0.8%, to $29.48 a barrel

Россия уверена в сохранении высокой дисциплины стран-участниц нового соглашения стран ОПЕК+, так как работает важный фактор влияния - понимание наступления, в отсутствие действий, неминуемого коллапса рынка, в котором не заинтересован никто, отметил Павел Сорокин. Если же все страны будут сокращать добычу согласованно, то значительное снижение товарных запасов может начаться в III квартале 2020 года.

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 4.6 million barrels from the previous week. At 532.2 million barrels, U.S. crude oil inventories are about 12% above the five year average for this time of year.

Brent was up 45 cents, or 1.5%, at $31.42 a barrel, WTI was up 45 cents, or 1.5%, at $31.42 a barrel.

The worldwide rig count for April 2020 was 1,514, down 450 from the 1,964 counted in March 2020

U.S. Rig Count is down 57 rigs from last week to 408, Canada Rig Count is up 1 rig from last week to 27

Brent was up $1.97 or 8.1%, at $26.20 a barrel, WTI climbed to $17.30 a barrel, up 14.9% or $2.24.

Russia is advocating a shift in the OPEC+ strategy once global crude oil recovers

Brent were up 2.30%, or 47 cents, to $20.93 a barrel, WTI jumped 12.56% or $1.55 to $13.89