Brent was up 42 cents, or 0.8%, to $56.32. WTI climbed 51 cents, or 1%, to $53.49.

China had suspended crude imports from the US over December 2019-April 2020 due to the trade tensions between Beijing and Washington.

Dr. Al Jaber said, "Our strategic alliance with the U.S. is also very strong.

Total SE successfully issued perpetual subordinated bonds in the amount of €3 billion

Brent rose 46 cents to $55.21 a barrel. WTI was at $52.40 a barrel, up 4 cents.

По словам Александра Дюкова, нефтяная отрасль, вопреки распространенным стереотипам, не является главным «виновником» парникового эффекта в мире. «Вклад транспорта в эмиссию CO2 незначителен по сравнению с той долей, которую вносят ЖКХ или промышленность в целом. Удельные выбросы CO2 в пересчете на 1 тонну произведенной продукции в «нефтянке» примерно в 10 раз меньше, чем, например, в производстве стали», — отметил глава «Газпром нефти».

U.S. production of all fossil fuels—crude oil, coal, dry natural gas, and natural gas plant liquids (NGPL)—to increase in 2022, but forecast fossil fuel production will remain lower than the 2019 peak.

Brent fell 20 cents, or 0.4%, to $54.90 a barrel. WTI fell 20 cents, or 0.4%, to $54.90 a barrel.

On a metric tons basis, the December throughput went up 2.8% from November and 2.1% from a year ago to 60 million mt.

In 2020, NOVATEK’s hydrocarbon production totaled 608.2 million barrels of oil equivalent (boe),

U.S. Rig Count is up 13 from last week to 373, Canada Rig Count is up 44 from last week to 161.

Brent was down 71 cents, or 1.2%, at $55.71 a barrel. WTI was 46 cents, or 0.9%, lower at $53.11 a barrel.

For 2021, global oil demand is forecast to increase by 5.9 mb/d y-o-y to average 95.9 mb/d.

The OPEC+ alliance, led by Saudi Arabia and Russia, decided in December after days of heated negotiations to ease their stringent quotas by a collective 500,000 b/d for January, instead of the originally scheduled 2 million b/d tapering.

U.S. crude oil production will average 11.1 million b/d in 2021, down 0.2 million b/d from 2020 as result of a decline in drilling activity related to low oil prices.