OPEC+ said to discuss deeper oil cuts – RTRS

According to the latest headlines floating on the wires, citing two sources familiar with the matter, OPEC and its allies were said to discuss deeper oil cuts of more than 400k bpd as the main scenario.

The news did assist WTI crude oil to reverse an early dip, albeit bulls lacked any strong conviction and remained on the sidelines ahead of the highly-anticipated OPEC meeting this Thursday.