Investors remain optimistic about the demand outlook due to news of the development of coronavirus vaccines.
Libya is currently exempt from the obligation to cut oil production.
The ministers of the JMMC will discuss this issue in the coming two weeks with all countries participating in the deal.
Covid-19 remains one of the major market pressures.
The participants in the OPEC+ deal postponed the decision on the level of production.
Markets are evaluating data from the American Petroleum Institute on the growth of stocks in the past week.
The situation with oil prices has not demonstrated stability over the past 4 months.
Over the past week, world oil quotations have experienced serious volatility.