In the last two days, December WTI Crude Oil futures rebounded enough to turn slightly positive for the week, closing at a high of 60.65 after a low of 58.71 today. The supply outlook is impacted by Ukrainian attacks on Russian refineries, which have reportedly reduced Russia's seaborne crude exports and cut up to 13-20% of its refining capacity offline. Despite an unexpected increase in the Baker Hughes oil rig count by three, U.S. crude oil production continues to rise, reaching a record high of about 13.86 million barrels per day in early November, which remains a key factor in the supply and demand picture.