Crude futures were little changed in post-settlement trade after the American Petroleum Institute, a trade organization, said US crude inventories rose 1.9 million barrels in the latest week.
The US President's latest tweet, while calling on the cartel to "increase the flow of Oil", used a rather friendly tone, which is different from previous tweets on the same subject that go further back than his presidency. Higher US crude oil production might be pressuring WTI more than Brent crude oil prices. "Thank you!" Trump tweeted.
Today's U.S. Energy Information Administration's weekly inventories report, due out at 14:30 GMT, is expected to show a 1.1 million barrel draw down for the week-ending March 22.
Other traders have expressed concerns about a potential economic slowdown ahead that could slash crude demand. -Chinese trade war have also capped prices.
Overall, bullish sentiment underpins the market, which has seen Brent rise nearly 25 percent this year.
Crude oil prices appeared headed lower for a third session early Monday in what analysts suggested could be a sentiment-driven pause before new gains considering tightness in the market related to OPEC cutting production at least into June.
Oil prices have found support from efforts by the OPEC and non-affiliated allies like Russian Federation, known as OPEC+, to trim output as well as plummeting Venezuelan output.
Crude was already under pressure after an unexpected surge in US oil stockpiles on Wednesday.
Analysts said that they expected the United States in early May to extend some sanction waivers on Iranian oil, but might reduce the number of countries receiving them.
The 180-day exemptions were granted in November to eight countries - China, India, Greece, Italy, Taiwan, Japan, Turkey and South Korea.
U.S. sanctions have also hit Iranian crude exports.
"Enjoy it whilst it lasts". "Buyers are driving prices higher due to expectations that tightening of waivers on USA sanctions on Iran will create a tighter fundamental picture".
However, the new video uploaded by the company shows behind-the-scenes action where the Galaxy Fold is put through stress test. The video also highlights the phone's bending capabilities as well as durability of Infinity Flex Display.
We were treated to the first trailer for the highly anticipated threequel, which, of course, promises billions of guns. There's looting, there's shooting, and there are a ton of powers for just three minutes of trailer footage.
"We all live in space, let's not make it a mess", said Acting US Defence Secretary Patrick Shanahan, according to Reuters . India is the fourth country to have used such an anti-satellite weapon after the United States , Russia and China.
Cabinet ministers met for more than two hours on Tuesday to discuss Brexit and the looming votes in Parliament. And anti-Brexit campaigners haven't abandoned the idea of a new referendum on remaining in the EU .
Various political leaders, including Muttahida Qaumi Movement-Pakistan's (MQM-P) Rabita Committee, offered the funeral prayers. Separately, the bodies of two Indian victims arrived in their homeland, officials said. "We want it to be independent".
A Venezuelan official said Russian military officials were visiting to discuss equipment maintenance and training, and strategy. Secretary of State Mike Pompeo called Russian Foreign Minister Sergei Lavrov about the planes in Caracas .
I'd bet quite a lot that public perception of Trump's guilt will be nearly precisely the same once the fuller results are public. That suggests the summary letter released Sunday did little to move public opinion on this matter.
The Huawei P30 , on the other hand, will have a usual non-curved display with a waterdrop notch and thin bezels. As we mentioned earlier, both the Huawei P30 and P30 Pro are immediately going on sale in select markets.
It is unclear how Apple plans to differentiate between the two iPad models given their surprisingly similar screen-sizes. Apple is expected to introduce its new-generation iPad and AirPods series at an event late this month.
‘Second disaster’ warned in Mozambique as cholera a concern
Until all areas can be reached and assessed, it is impossible to say the disaster response effort has turned a corner, he said. The death toll is "very preliminary", said Mozambique's environment minister, Celso Correia , who said it is expected to rise.