OPEC could be looking at an exit strategy along side oil deal extension

Comments from coming from various OPEC sources on social media and news wires

• Will discuss the outlines of an exit plan at the Nov 30th meeting
• (Russia’s Novak) Still too early to make a decision on an extension of OPEC deal
• (Saudi oil minister) All options are open on the output cut decision

Brent has been lifted by around 80 ticks to 57.83 over the last hour or so.

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Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

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Latest posts by Ryan Littlestone (see all)

• What’s it going to take to break USDJPY out of its box? - July 7, 2020
• Here’s how the ForexFlow traders get ready to trade today’s US NFP - July 2, 2020
• Risk aversion, not panic, in face of uncertainty – 4X Global Research - July 2, 2020