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[BlueAlien]

U.S. oil stockpile decline reverses nine weeks of builds: EIA

However, this unseasonal draw is not a trend and oil stock builds are expected to make a comeback.

http://www.reuters.com/article/us-usa-oil-eia-idUSKBN16M241

U.S. oil rig count rises to highest since October 2015: Baker Hughes

Drillers added 17 oil rigs in the week to Feb. 3, bringing the total count up to 583, the most since October 2015, energy services firm Baker Hughes Inc said on Friday.

During the same week a year ago, there were 467 active oil rigs.

http://www.reuters.com/article/us-usa-rigs-baker-hughes-idUSKBN15I2MN


OPEC deal expected to tighten oil market in 2017: KempOPEC deal expected to tighten oil market in 2017: Kemp

If the cuts are implemented in full, OPEC output will fall by around 1.17 million barrels per day (bpd) from 33.64 million bpd in October 2016 to around 32.5 million bpd in January 2017

http://www.reuters.com/article/us-opec-output-kemp-idUSKBN13Q5A5