Some companies resumed production when prices rose above $40 per barrel.
August futures for WTI crude oil fell by 0.42%.
The economy will suffer from a global recession and local efforts to contain the pandemic.
WTI is trading at almost $41.
Oil production amounted to 1.297 million bpd in June.
The country will continue to fulfill its obligations under the OPEC+ deal.
Over the past week, world oil quotations have experienced serious volatility.