“Oil jumps more than 10% for the week following OPEC meeting, decline in U.S. inventory”
September 20, 2020
“Oil prices were mixed on Friday after a Libyan commander said a blockade on the country’s oil exports would be lifted for a month, while a declining U.S. equities market also weighed on futures…
Brent fell 55 cents to $42.75 a barrel, but was set to rise 7.4% for the week, while West Texas Intermediate crude, the U.S. oil benchmark, settled 14 cents, or 0.3%, higher at $41.11 per barrel.
Prices fell on Friday after eastern Libyan commander Khalifa Haftar announced he would lift his blockade of oil output for one month. The blockade slashed Libyan production to just over 100,000 barrels per day now from around 1.2 million bpd previously…”
https://www.cnbc.com/2020/09/18/oil-markets-gulf-of-mexico-opec.html