Brent rose 67 cents, or 1.3%, to $50.64 a barrel . WTI were up 62 cents, or 1.3%, at $47.19 a barrel.

Consumption of refined fuels, a proxy for oil demand, in November rose 0.4% from the previous month to 17.83 million tonnes

U.S. Rig Count is up 15 from last week to 338 , Canada Rig Count is up 9 from last week to 111

Brent was up 11 cents or 0.2% at $50.36 a barrel. WTI was up 11 cents or 0.2% at $50.36 a barrel.

"Without sufficient investment, a reduced supply of oil and gas could lead to greater market volatility and higher prices, slowing the global economic recovery and jeopardizing energy security and international goals," said the IEF,

Brent climbed 12 cents, or 0.3%, to $48.98 a barrel. WTIrose 14 cents, or 0.3%, to $45.66 a barrel .

U.S. commercial crude oil inventories increased by 15.2 million barrels to 503.2 million barrels

Libya's oil production has undergone a rapid rebound of almost 1 million b/d in the past two months

More than 30 million mt/year of LNG production capacity is under development in Mozambique as the country looks to join the ranks of the world's biggest LNG exporters.

Brent rose 11 cents, or 0.2%, to $48.95 a barrel. WTI climbed 9 cents, or 0.2%, to $45.69.

Brent prices will average $49/b in 2021, up from an expected average of $43/b in the fourth quarter of 2020. Brent prices will average $47/b in the first quarter of 2021 and rise to an average of $50/b by the fourth quarter.

“Пик потребления углеводородов, может, уже даже и прошел. Пандемия структурно повлияла на мировую экономику: уже меньше путешествий, пользования транспортом, командировок, но больше видео конференций, заказов через онлайн торговлю. Это уже могло повлиять на структурный уровень потребления углеводородов в мире”.

OPEC+ compliance with its production cuts stayed stable at 100.2%.

Средняя цена на нефть марки Urals в январе-ноябре 2020 года сложилась в размере $41,04 за баррель, в январе-ноябре 2019 года - $63,51 за баррель.

Brent fell 51 cents, or 1.1%, to $48.28 a barrel. WTI fell 45 cents or 1%, to $45.31 a barrel.