The nation’s plants processed 5.33 million barrels of crude a day in the first six days of the month, down about 81,000 barrels a day from the prior week’s average, according to a person with knowledge of industry data.

Brent climbed 1 cents to $77.21 a barrel, WTI were down 4 cents at $72.28 a barrel.

Россия, Саудовская Аравия и другие взявшие на себя обязательства по добровольному сокращению добычи нефти страны – участницы соглашения выполняют свои договорённости в рамках ОПЕК+ в полном объёме.

These additional voluntary cuts are announced by the following OPEC+ countries : Saudi Arabia (1,000 thousand b/d); Iraq (223 thousand b/d); United Arab Emirates (163 thousand b/d); Kuwait (135 thousand b/d); Kazakhstan (82 thousand b/d); Algeria (51 thousand b/d); and Oman (42 thousand b/d) starting 1st of January until the end of March 2024.

Россия углубит дополнительное добровольное сокращение поставок нефти на 300 тыс. баррелей в день ещё на 200 тыс. баррелей в день, чтобы достичь 500 тыс. баррелей в день, и продлит это добровольное сокращение поставок до конца I квартала 2024 года в координации с некоторыми странами ОПЕК+.

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The Worldwide Rig Count for November was 1,794, up 17 from the 1,777 counted in October 2023, and down 96, from the 1,890 counted in November 2022.

Brent fell 15 cents, or 0.2%, to $82.95 a barrel, WTI rose 12 cents, or 0.2%, at $77.98 a barrel.

Right now, 6.3 million UK households are in fuel poverty, according to National Energy Action. That’s up from 4.5 million, recorded in October 2021, when Europe’s energy crunch began, it said. Over the last three months, millions have been using appliances like ovens or going to bed early to stay warm, the study showed.

Brent fell 37 cents, or 0.5%, to $80.21 a barrel, WTI were at $75.18 a barrel, down 36 cents, or 0.5%.

With global oil demand set to moderate in the first quarter of 2024, the OPEC+ alliance appears set to extend its production cuts, though the duration is yet to be determined, analysts say. As well, deeper cuts could be considered, some OPEC+ officials have hinted.

Brent were down $1.04, or 1.3%, at $80.92 a barrel, WTI dipped 90 cents, or 1.2%, to $76.20.

"На мой взгляд, цены на нефть сегодня объективно отражают существующую картину, они на достаточно хорошем уровне. Соответственно, рынок сбалансирован. Мы все эти вопросы подробно будем обсуждать на встрече (ОПЕК+ — ред.)", — сказал Новак.

Russia is expected to reduce both oil and natural gas production this year, according to Deputy Prime Minister Alexander Novak. Oil is projected to fall by 8 million tons to 527 million tons, compared to 535 million tons last year, he said.

China, which has been promoting the yuan’s use in transactions with major energy and commodity exporters, is Saudi Arabia’s biggest trade partner.