The OPEC+ alliance is scheduled to meet Dec. 2 to decide on January production levels, amid strong hints from the US, China, Japan and India that a coordinated crude release from their strategic petroleum reserves was imminent.

China, India, Japan, South Korea and the UK will join the US in releasing strategic oil stocks, the White House said, without giving further details.

Brent fell 67 cents, or 0.8%, to $79.03 a barrel, WTI fell 88 cents, or 1.2%, to $75.87 a barrel.

Preliminary production figures for October 2021 show an average daily production of 2 062 000 barrels of oil, NGL and condensate.

Brent lost 26 cents, or 0.3%, to $78.63 a barrel, WTI were down 12 cents, or 0.2%, at $75.82 a barrel.

History suggests political performance never exceeds the pledge. 2°C is therefore inevitable.

Due to evolving nature of Reliance's business portfolio, Reliance and Saudi Aramco have mutually determined that it would be beneficial for both parties to re-evaluate the proposed investment in O2C business in light of the changed context.

U.S. Rig Count is up 7 from last week to 563, Canada Rig Count is down 1 from last week to 167.

Brent was up 77 cents, or 0.9%, at $82.01 a barrel, WTI was up 79 cents, or 1%, at $79.80 a barrel.

Four tankers with 2 million barrels of Russian diesel aboard, the most in data going back to 2018, are set to arrive next week, as natural gas-rich Russia cranks up diesel-producing units that are dependent on a feedstock extracted from costly natural gas,

U.S. commercial crude oil inventories decreased by 2.1 million barrels from the previous week to 433.0 million barrels.

Brent was down 83 cents, or 1%, to $79.87 a barrel, WTI were down $1.13, or 1.4%, at $77.23 a barrel.

«Благодаря совместным усилиям сотрудничество в энергетике поступательно развивается и вышло на беспрецедентно высокий уровень.», – сообщил вице-премьер.

Rosneft exercised the pre-emption right for 37.5% share of the PCK (Schwedt) refinery from Shell.

Brent dropped 50 cents, or 0.6%, to $81.93, WTI fell 57 cents, or 0.7%, to $80.19 a barrel.