Oil jumped over 6% cent today. OPEC+ in a surprise announcement spoked the market with plans to cut more production, raising fears of tightening. WTI broke above $80 per barrel and settled up by $4.75 per barrel closing at $80.42 per barrel on the day. Brent crude settled higher by $5.04, or 6.3% to settle at US$84.93 per barrel, after touching its highest level since March 7 (US$86.44). Meanwhile, Natgas at Henry closed down 10.3 cents per MMBTU closing out the trading session at $2.097 per MMBTU – WOW – looks as though we need some pipelines approved!

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