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 - Powerful NFP report could delay Fed rate cuts
BREAKING: Massive increase in US oil reserves!
Market wrap: Oil gains amid US - Iran tensions 📈 European indices muted before US NFP report
📈 Gold jumps 1.5% ahead of NFP, hitting its highest level since Jan. 30