OPEC+ ministrial panel discusses deepening oil cuts by 500,000 BPD
Sources from the OPEC meeting report
The OPEC+ministrial panel is according to sources discussing deepening will cut by 500,000 BPD. Earlier reports were for a number of 400,000.
The price of WTI crude oil is trading around unchanged levels at $58.40. The high price reached $59 the low price extended to $58.10.