I don't understand this at all.
There's not even a hint of an oil output deal being finalized after it collapsed yesterday, there's no strong indications that oil usage is going to go up any time soon, and Iran is planning on pumping as much as they can, and the monkey brained aholes who do futures trading are trying their damndest to erase the losses in overnight trading.
There's simply no fundamental support for it. Oil should have continued its drop, and yet it's stabilizing.