Kuwait indicates OPEC+ is 'moving towards' production cut of between 10-15m bpd

Kuwait's oil minister comments reported in Kuwaiti press (via Reuters)

• after talking with countries that will attend the OPEC+ meeting, intention is moving towards reaching an agreement to reduce production by an amount ranging between 10 mln-15 mln bpd

The trickle of reports ahead of the meeting (today, Thursday) are hinting the output cut is on:

• Algeria's oil minister said production cuts at OPEC+ could reach 10 mbpd.