Oil jumps on hopes for easing of China's COVID controls, EU governments on Monday failed to agree on the cap, with Poland insisting it should be set lower
Top oil nations were finalising a deal at G20 talks on Friday for big output cuts to lift prices slammed by the coronavirus crisis with Russia and Saudi Arabia
The first oil refinery shutdowns in India and Europe were announced on Friday while global refinery runs drop like a stone in response to plunging demand.
Saudi Arabia’s oil has scaled back preparations for its public listing by scrapping plans to market shares in the company to investors outside the Middle East.