Headlines Apr 20

In March, OPEC+ compliance with oil output cuts was 113%, unchanged from February - Two OPEC+ Sources.

Fed's Powell: Low Treasury yields show there is a lot of demand for stable and liquid investments all around the world.

Following a study by the European Medicines Agency (EMA), the rollout of the Johnson & Johnson COVID-19 vaccine will continue in Europe. 

US General: As the United States' dominance erodes, Iran poses a constant threat.

Moody's: Europe's pandemic-induced economic shock will likely create more distressed companies in sectors like tourism, hospitality, and leisure. - WTI Weakens

API showed a modest crude build. WTI retreated.