According to Energy Intel Amena Bakr, OPEC mebers are discusing potential 2 year deal. Possible cuts of 10-12 mln bpd would start in May and last until the end of June, followed by additional cut of 8 mln bpd from July to December 2020 and 6 mln BPD cut from January 2021 to April 2022.
Report on U.S. natural gas inventories showed a larger-than-expected decline in stocks⬇️
Escalation concerns trigger sell off, as UK set to be worst performer in G7
Daily Summary: Iran Uninterested in Trump’s Peace Plan
BREAKING: US Oil Inventories Surge Again. Oil WTI stable above $88
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