Oil prices declined by 0.1-0.3%
Oil prices are slightly down amid information about US reserves
On 6 May 2020 (07:54, Moscow time), Brent Crude Oil futures price fell by 0.19% to $30.91 per barrel, Light (WTI) for June delivery fell by 0.33% to $24.49 per barrel.
On 12 April 2020, OPEC+ approved new oil output cut by 9.7 million bpd in May-June, 7.7 million bpd in the second half and 5.8 million bpd by May 2022. Some countries are ready to start cutting their output earlier.