Oil prices rose on Friday, adding to gains in the previous session, after OPEC producers and allies promised to meet commitments on cutting supply and two major oil traders said demand was recovering well. Plans by Iraq and Kazakhstan to make up for overproduction in May on their supply cut commitments supported the market. The promises came out of a meeting by a panel monitoring compliance by the Organization of Petroleum Exporting Countries and its allies, a grouping called OPEC+. If the laggard producers do compensate over the next three months for their overproduction, that will effectively take extra barrels out of the market, even if OPEC+ does not extend its record 9.7 million barrels per day supply cut beyond July. Nick Note: I want to be clear here. All you are seeing is self serving spin. Bottom line Supplies are overwhelming demand. Like a drug addict needs drugs oil producers need money. They pump high prices, low prices, even negative prices lest you forget our NEGATIVE 35$ oil trade. Demand is not not not recovering and demand is rising as the desperadoes (oil producers) have NO CHOICE but to produce no matter the price. And here is something else they are not telling you. Its BAAAAACCCCCCK bigger badder and more infectious then ever. And you will be shocked to hear this but Donald Pussy Pincher Trump is not not not GOD. In fact quite the opposite. And he would in a flash destroy your life to fill what he believes is his manifest destiny. He is committing crimes against humanity by not telling the ignorant masses (his voters the stupid majority) about this plague that has fallen upon us. The name Adolph Hitler comes to mind!