Analysts at consultancy JBC Energy doubt Norway is willing to cut Cause.movement.down.loss exports sharply on its own given worries Negative_sentiment over market share and the strength of demand , as well as OPEC 's ability to agree a swift collective drawdown Cause.movement.down.loss .

Saudi Arabia is likely to `` micromanage '' supplies at it has for a number of years , Ciszuk said , but it was unlikely to push for an official Organization of Petroleum Exporting Countries production drawdown Cause.movement.down.loss .

It said there is a `` elevated Grow.strong production of petroleum and petroleum products from countries other than Iran to permit a significant drawdown Cause.movement.down.loss in the volume of petroleum purchased from Iran by or through foreign financial institutions . ''

Other bullish factors include an expected 10th straight weekly drawdown Cause.movement.down.loss in U.S. stockpiles when the U.S. Energy Information Administration releases data tomorrow , as well as signals over the weekend from Saudi Arabia that OPEC could extend its production cuts Cause.movement.down.loss beyond 2018 .

Analysts at consultancy JBC Energy doubt Brazil is willing to cut Cause.movement.down.loss exports sharply on its own given fears Negative_sentiment over market share and the strength of demand , as well as OPEC 's ability to agree a swift collective drawdown Cause.movement.down.loss .

Crude stowed in U.S. tanks and terminals has never been in more Movement.up.gain demand , as evidenced by the record , 10-week drawdown Cause.movement.down.loss on American inventories .