OIL MEETING: In case you misse …

Posted on by mikee

OIL MEETING: In case you missed the drama of last night, here’s what happened:

Russia and Saudis ended price war
OPEC+ has a tentative 10m b/d cut deal
But Mexico blocked it and deal is in limbo
Talks now shifts to G20 @3pm Riyadh time https://www.bloomberg.com/news/articles/2020-04-09/opec-agrees-on-deep-oil-output-cuts-to-fight-market-slump?sref=5F8Ao01j …