Oil quotations are showing positive dynamics this morning. Brent rose 0.58% to $55.34 at 10:06 a.m. while WTI gained 0.31% to $52.36. Investors' optimism is getting stronger due to expectations that a number of OPEC+ countries will further reduce oil production this month. At the January meeting, this intention was announced by Saudi Arabia, which plans to reduce it in February and March by 1 million bpd, as well as some other members of the alliance. This does not include Russia, which Russia is not among them, which has agreed to increase production during this period. However, the coronavirus situation continues to act as a restraining factor on the exchanges. In some countries the number of diseases continues to grow rapidly; in the U.S., according to official data, it is 164 thousand a day. At the same time, players hope that the vaccines will help improve the situation and restore the global economy, which would have a positive impact on oil demand.