Brent was down $1.12, or 2.7%, at $39.81 a barrel, WTI was down $1.12, or 2.9%, at $37.60.

The United States grew to become the world’s largest oil producer at nearly 13 million barrels per day (bpd), led by shale companies.

Brent fell 17, or 0.4%, to $42.13 a barrel, WTI were down 22 cents, or 0.6%, at $40.

OPEC and 10 allies, including Russia, are in the midst of a historic production cut accord aimed at helping the oil market recover from the COVID-19 pandemic. The curbs initially started at 9.7 million b/d for May-July, before tapering to 7.7 million b/d from August through the end of the year.

U.S. commercial crude oil inventories decreased by 2.0 million barrels to 492.4 million barrels

Brent dropped 40 cents, or 1%, to $40.63 per barrel, WTI fell 32 cents, or 0.8%, to $38.97.

Brent fell 32 cents, or 0.8%, to $42.55 a barrel, WTI dropped 34 cents, or 0.8%, to $40.26 a barrel

Brent fell 37 cents, or 0.9%, to $41.55 a barrel, WTI was at $39.86 a barrel

Структура энергетической отрасли будет трансформироваться, как со стороны спроса, так и со стороны предложения.

The production figures for oil in August include this cut of 134 000 barrels per day in the second half of 2020.

U.S. Rig Count is up 6 from last week to 261, Canada Rig Count is up 7 from last week to 71

Brent was up 30 cents at $42.24 a barrel, WTI rose 23 cents to $40.54 a barrel.

OPEC’s second-biggest producer, Iraq has failed in the past to fully comply with OPEC+ oil output reductions,

The cost of producing gas in the newly discovered Black Sea gas field will be more affordable than current gas imports, Turkey's Energy and Natural Resources Minister Fatih Donmez said Wednesday.

Brent dropped 34 cents, or 0.8%, to $41.43 a barrel, WTI fell 37 cents, or 0.9%, to $39.56 a barrel.