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After all of the goings on at the extended......>

OIL
OIL: After all of the goings on at the extended OPEC+ JTC meeting, headlines
released late Thursday noted that Russia supports the recommendation made by the
JTC i.e. a provisional cut in OPEC+ oil output of a further 600K bpd, in
comments made by Foreign Minister Lavrov. This came after a call between Russian
President Putin & Saudi leaders.
- WTI & Brent currently sit ~$0.30 above their respective settlement levels,
after a choppy Thursday session, which saw marginal gains for both of the
benchmarks.
- Baker Hughes rig count data hits later today.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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