Oil prices decrease in response to the growth of US reserves
On 13 May 2020 (07:53, Moscow time), Brent Crude Oil futures price fell by 1.43% to $29.55 per barrel, Light (WTI) for June delivery climbed by 0.58% to $2.63 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.