Some US shale producers have been pressuring the Trump administration to intervene in the price war, which broke out after Russia earlier this month declined to go along with an OPEC proposal for production cuts to prop up prices.

China is saving about $250mn a day after crude prices crashed this year amid dual demand and supply shocks.

Aramco plans to supply 12.3 million barrels per day of crude in the next two months, after talks with Russia to deepend OPEC+ output cuts floundered, starting a price war. The company will draw 3 million barrels per day from its stocks, producing 12 million barrels per day.

Brent was trading up 65 cents, or 2.4%, at $27.80 a barrel, WTI rose to a high of $25.24 a barrel

Brent was up by $1.38 a barrel, or 5.1%, to $28.41, WTI gained $1.54, or 6.6%, to $24.90.

nine Republican senators asked the Department of Commerce to launch an anti-dumping case against Saudi Arabia following its price war with Russia.

Brent fell 65 cents, or 2.4%, to $26.33 a barrel, WTI were up 29 cents, or 1.3%, at $22.92 a barrel,

US oil producers are likely to be a victim of the oil-price war,

By the end of the year oil price will grow and return to a level of up to $60/b. If these processes continue, shale oil will exit the market

Aramco has pledged to supply 12.3 million b/d of crude in April and May

Brent were up $1.90, or 6.7%, to $30.37 per barrel, WTI rose $2.03 to $27.25 a barrel.

That, in turn, has prompted several lawmakers from Texas, North Dakota, Alaska and other oil states to directly lobby Saudi Arabia, stressing the two countries' decades-long ties.

The average LNG price for May delivery into northeast Asia LNG-AS was estimated at $3.50 per million British thermal units (mmBtu), up 20 cents from the previous week,

Brent jumped $2.29, or 9.2%, at $27.16 a barrel, WTI gained $3.20, or 15.7%, to $23.52

May ICE Brent crude futures -- the front-month contract hit its lowest since 2003 on Wednesday -- were up 80 cents/b at $25.68/b, with the April NYMEX crude contract up $1.77/b at $22.14/b.