The JMMC meeting on March 3 ended without making any recommendations for the ministerial meeting.
Traders believe that OPEC+ will decide to increase production.
The candidacy was confirmed with 64 votes in favour, 35 senators voted against it.
On Wednesday, the US Department of Energy said that oil stocks of the state increased by 1.28 million barrels last week.
Munich Re Syndicate has published a message about the termination of cooperation with the project.
Sanctions were also imposed against the Russian company that owns the ship.
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.
Compared to July 31, oil prices fell down on 13%.
During 2 years of Trump’s Presidency 23 400 MW of electricity production capacities from coal was closed.