This is evidenced by the data of exchange trades from the Bloomberg rating.

The price of WTI futures for January on electronic trading in the New York Mercantile Exchange NYMEX increased by 0.23 percent to $ 57.29 per barrel by that time.

Commodity stocks of oil in the US last week decreased by three million barrels, stocks at the terminal in Cushing fell by 2.2 million barrels.

According to the estimates of the Ministry of Energy, production at the country's largest shale fields next month will reach 6.41 million barrels per day, although it was previously expected that the figure will be 6.31 million b / d.

Also, the participants of the oil market evaluate the news from Libya and Nigeria.

According to the representative of the trade union of oil workers in Nigeria, employees of oil companies suspended the strike and agreed to continue negotiations with employers next month.

Meanwhile, production at the Libyan field El-Feel, interrupted on Saturday due to power outages, was restored in full, reports Bloomberg with reference to informed sources.

As previously reported in URA-Inform, participants in the transaction Organization of oil-exporting countries may agree to withdraw from the agreement before the end of 2018, if the market rebalancing occurs by June.