#BREAKING #OPEC
The main area of debate is whether to prolong output cuts for 1 or 2 months. The majority seems to be in favor of 1 month. Saudi Arabia appears to have no objections to the gradual increase from May. Brent oil is just above the support of 62.50.

​#BREAKING #OPEC
OPEC+ has reached an agreement to gradually increase output by 350 000 barrels a day in May, 350 000 barrels a day in June, and 400 000 barrels a day in July.

​OPEC+ is likely to stick with an increase of 400k barrels per day. Brent (XBR/USD) has broken through $80!
#BREAKING #OPEC