Oil held near $75 in a volatile session as OPEC+ considers pushing back a series of monthly supply increases that were due to start in April.
Brent futures earlier added as much as 0.6% in London, before trading little changed. Global oil markets remain too fragile to revive production now, a delegate of the group said. A decision is yet to be made and the group is split on how to proceed, said another.
At the same time, Kazakhstan's primary oil export pipeline was operating at a reduced rate after an attack by drones, the facility's operator said. The conduit was due to ship about 1.6 million barrels a day this month and next.
Source: Bloomberg
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