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.
Daily Summary: 6% Oil Declines Fuel Stock Gains
Cocoa gains 4% trying to rebound from the 2-week low 📈
📉 Gold loses 1.5%
BREAKING: NATO considers a Hormuz deployment if the Strait not open by July