Brent dropped 24 cents, or 0.32%, to $74.15 a barrel, WTI declined by 27 cents, or 0.38%, to $71.02.

World oil demand is kept unchanged compared to last month’s assessment, showing a growth of 5.7 mb/d in 2021.

Brent climbed 72 cents, or 1.0%, to $75.87 a barrel, WTI climbed 72 cents, or 1.0%, to $75.87 a barrel.

The Neutral Zone fields, which lie in onshore and offshore territory shared by Saudi Arabia and Kuwait at their border, were offline for more than four years until 2020, due to a political dispute that was resolved with a signing of an agreement in December 2019.

U.S. Rig Count is up 7 from last week to 576, Canada Rig Count is down 3 from last week to 177.

Brent were up 0.2%, or 11 cents, at $74.53 a barrel, WTI were up 0.2%, or 11 cents, at $74.53 a barrel.

The carbon benchmark hit a fresh record of 90.75 euros on Wednesday.

U.S. commercial crude oil inventories decreased by 0.2 million barrels from the previous week to 432.9 million barrels.

Brent rose 39 cents, or 0.5%, to $76.22 a barrel, WTI rose 48 cents, or 0.7%, to $72.84 a barrel.

Storage facilities are now only 66% full, a level of depletion they would not normally reach until the middle of January in an average winter.

Brent were down 83 cents, or 1.1%, to $74.61 a barrel, WTI was at $71.07 a barrel, down 98 cents or 1.4%.

OPEC's 13 countries pumped 27.85 million b/d, up 300,000 b/d from October, while Russia and eight other partners produced 13.86 million b/d, up 200,000 b/d

We expect Brent prices will average $71/b in December and $73/b in the first quarter of 2022 (1Q22). For 2022 as a whole, we expect that growth in production from OPEC+, of U.S. tight oil, and from other non-OPEC countries will outpace slowing growth in global oil consumption, especially in light of renewed concerns about COVID-19 variants. We expect Brent prices will remain near current levels in 2022, averaging $70/b.

Brent were up $1.49, or 2%, at $74.57 a barrel, WTI was up $1.71, or 2.5%, at $71.20.

Brent gained $1.77, or 2.5%, to $71.65 a barrel, WTI advanced $1.69, or 2.6%, to $67.95.