On 20 May 2020 (08:03, Moscow time), Brent Crude Oil futures price climbed by 0.75% to $34.91 per barrel, Light (WTI) for June delivery climbed by 0.5% to $32.12 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.