US said to have asked OPEC for a 1 mil bpd oil output hike - Bloomberg

Headlines via Bloomberg

Oil is marked lower on the headline, and USD/CAD has risen to a session high of 1.2951 now.

I'm not too sure why the market is too surprised though, as it was rumoured since two weeks ago that the OPEC discussions will be centred around a possible easing of supply cuts in the region of 1 mil bpd as well. This was the headline during the time.

But nonetheless, it's quite interesting to see that the US is getting involved in this and you have to wonder in what position are they coming from to put in such a request towards OPEC and OPEC+ members.