OPEC+ talks said to focus on combined cuts of about 1 million bpd

Bloomberg reports

• Cuts will consist of 650k bpd from OPEC and 350k from non-OPEC members

The meeting today is said to have already begun and this appears to be the main consensus that they are trying to achieve. Oil sits a little lower on the day at $51.41 currently but if this is the OPEC+ decision at the end of the day, it's hardly going to provide a sustained relief for oil prices moving forward.