Around The Barrel – Crude Oil and Gasoline Inventories Outlook


[color=purple][size=5][b]OPEC deal is for cut of 500K bpd with Russia – delegate cited by Bloomberg
A delegate cited by Bloomberg says the deal is for a 500K bpd cut.
Not clear yet what the baseline is or if there are conditions.
One report has said the cut is conditional on countries meeting current quotas.