Iraq oil minister says OPEC+ is most likely to extend output cuts deal until year-end

This will only help sentiment in oil markets seen so far today

• OPEC+ will then reassess the situation in December

Brent is up by more than 2% on the day now to $63.00 as Saudi Arabia talks up cooperation with Russia to extend the OPEC+ deal and Iraq has been upbeat since earlier this morning about the deal being extended as well.