This morning, the New York futures for Brent rose 0.02% to $ 50.90 and WTI rose 0.06% to $ 54.04 per barrel. Thus, the black gold is trading little changed as Kuwait announced a reduction of deliveries within the framework of a global agreement on the reduction of production volumes.

OPEC and non-state concluded a first agreement in 2001 to jointly cut production after almost a year of negotiations in which they called to restore balance in the global market and to support the prices of raw materials.