Oil prices are recovering from a 30% collapse in Monday. Today at 8:54 am Brent rose 1.83% to $ 37.90, WTI - by 0.96% to $ 34.69. Early morning growth of quotations exceeded 4%. Oil prices began to rise on Tuesday - during the trading session, its growth reached 10%. On Monday, quotes dropped to lows since 2016 amid termination OPEC + agreements. On this day, the stock exchanges showed the worst results since the 2008 crisis, which was provoked the collapse of oil and lingering concerns about coronavirus. Oil producers in the United States immediately responded to collapse, signaling that they are willing to cut costs in response to price reduction. This encouraged investors and served as a driver growth. According to the partner of Again Capital LLC John Killduff, judging according to the reaction of American oil companies, in the coming months production in the United States may decline.