Oil steadies after dramatic week that saw it plunge below zero
![Photo: Dado Ruvic/REUTERS / X02714](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article12096160.ece/ALTERNATES/schema-16_9/doc7aa4x3bfwll5gfrfbn6.jpg)
New York futures for June delivery rose for a fourth day to above USD 17 a barrel after the May contract fell as low as USD -40.32 on Monday before expiring the next day. US operators have already started to shut in old wells and halt new drilling, actions that could reduce output by 20 percent, while Kuwait and Algeria said they are reducing production earlier than required to under the OPEC+ deal.
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