On 15 May 2020 (07:05, Moscow time), Brent Crude Oil futures price climbed by 1.57% to $31.62 per barrel, Light (WTI) for June delivery climbed by 0.91% to $27.81 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.