Brent Oil 21.56USD, +0.23 ,+1.08%
Brent oil today is trading at 21.56usd and it gained 1.08%. The gains for brent oil keeps on increasing after other oil producers such as Kuwait they are are going to take a step in cutting the output of oil and also the state news agency of Kuwait announced on Thursday that the Organization of the Petroleum Exporting Countries (OPEC) members will start cutting the oil supply to international markets according to the deal that they agreed on before the official start which was set for May. In the month of May, Azerbaijan's Azeri-Chirag-Guneshli oil project will sharply cut their output as agreed in the deal also.