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.
Morning Wrap: Wall Street Rises on Anthropic News, Asian Markets Surge
📈Daily Summary: Falling Oil Prices and Anthropic Prospectus Drive Markets
Market Wrap: Clear rebound in Europe against falling oil price. Assets related to Brazil in retreat
Chart of the day: European gas ever closer to 100 EURMWh